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To: LLCF who wrote (5730)7/25/2000 3:58:33 PM
From: Don Lloyd  Read Replies (1) | Respond to of 436258
 
DAK -

[[...<To understand the difficulty, try to answer the question as to which has the higher value, a cup of water or a one carat
diamond.>

This is an insult to our intelligence, options are easily reduced to dollar values, perfect for accounting purposes in the 'real world'... You, Gilligan and the Skipper can collect coconuts....]]

Actually the relative value of water and diamonds was one of the most important unsolved mysteries of economics for centuries. Adam Smith never knew the answer, so you're in good company. -g-

Regards, Don