The conundrum between valuable water and a relatively unusable diamond is explained by the

a) Paradox of life.
b) Paradox of count.
c) Paradox of utility.
d) Paradox of value.


Answer: d) Paradox of value

Economics

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a. true b. false

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As the price level ________, the purchasing power of money ________.

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Which of the following is most likely to be a monopolistically competitive firm?

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