Mining of "conflict diamonds" tends to
A) be more profitable, as warring factions are willing to pay more for the diamonds.
B) occur at a slower pace than would maximize the long-term stream of profits because war increases extraction costs.
C) occur at a pace slower than would maximize the long-term stream of profits since the war disrupts production.
D) occur at a pace faster than would maximize the long-term stream of profits since warring factions extract diamonds as quickly as possible due to fears that they may soon lose control of the diamond mines.
Correct Answer:
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