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Diamonds - interested in buying one?
Go to the Internet auction site eBay at www.ebay.com and select the category Jewelry and Watches and then Loose Diamonds and Gemstones. 1) How many loose diamonds are for sale at the moment? 2) Note the wide array of sizes and prices of the diamonds. In what sense is there competition among the sellers in these markets? 3) How does that competition influence prices? 4) In what sense is there competition among buyers? 5) How does that competition influence prices?
Public Comments
- Go to bluenile.com. Spend some quality time studying the basic characteristics of diamonds, and what makes one pricier than another. No one can answer your question sufficiently in this type of format, or verbally. You need to spend your time on research for this much information.
