Which statement best describes the origin and pricing dynamics of lab-grown diamonds compared to natural diamonds?

Which statement best describes the origin and pricing dynamics of lab-grown diamonds compared to natural diamonds?

• A. Lab-grown diamonds are formed geologically; natural diamonds are lab-created; pricing favors lab-grown due to novelty.
• B. Lab-grown diamonds are manufactured in laboratories using HPHT or CVD processes and typically cheaper per carat and more uniform; natural diamonds are geologically formed and can command a premium for rarity and provenance.
• C. Lab-grown diamonds are created by mining deeper underground and are more expensive due to energy costs.
• D. Lab-grown diamonds are formed in space; natural diamonds formed in Earth's mantle; pricing: lab-grown surpasses natural.

Answer: (B)