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How to Lose a Diamond in Ten Days

by AdrianFohr

In classical, economics people are assumed to perfectly rational and markets are assumed to be perfectly competitive. This is rarely the case in reality. For example, we know that diamonds mines are actually owned by a very small number of owners who limit the supply of diamonds thereby raising the price. Also, if people were perfectly rational we would not expect marketing to affect the demand curve. Only information that pertained the product would be relevant. It wouldn't matter if a product had a celebrity endorsement or not.

How to Lose Diamonds in Ten Days

This clip is the set up for the plot of the movie. Kate Hudson enters a bet that she can lose a guy in ten days so that she will have something to write an article about. Matthew McC.'s wants to show that he understands women.

from How to Lose a Guy in Ten Days (2003)
Creator: Donald Petrie
Distributor: Paramount Pictures
Posted by AdrianFohr
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