Demand and Supply Analysis
There was a recent “discovery” of a quadrillion tons of diamonds below the Earth’s surface. You can read about the discovery in this Mirror article (Links to an external site.).
In the article, the author claims, “Loosely translated, a quadrillion tonnes [sic] of diamond could fetch around £150,000,000,000,000,000,000,000,000—which would likely destabilise the world’s economy” (Parsons, 2018, para. 6).
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Order Paper NowUse supply and demand analysis to explain the fault in the author’s statement.