Essay
Diamonds are nature's hardest substance. Classify each of the following diamonds as land, labor, capital, entrepreneurship, or none of the above. Explain your choice.
a. an unmined diamond
b. a diamond in DeBeers' vault (DeBeers is the world's biggest diamond mining company.)
c. a diamond in a jeweler's display case at the shopping mall
d. a diamond on your or your fiancée's finger
e. an industrial grade diamond in your dentist's drill
f. the diamonds in the blade that the highway department uses to cut concrete
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a. land, because the diamond is in its n...View Answer
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