Score: 277/450
Question Value: 25
Diamonds have been mined around the world, but primarily in Africa, Russia, and Canada. In the 1940s,
systematic research began in the United States and other countries to produce synthetic diamonds. Now,
synthetic diamonds can be made for a fraction of the cost of mining diamonds. In this example, the high
price of diamonds is an incentive that
stimulates innovation
decreases the demand
increases the demand
increases substitutes for diamonds