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Laurent Laurent
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4 years ago
The diamond/water paradox can be explained by
A) water having a low price relative to diamonds.
B) water having high total benefits relative to diamonds.
C) water having higher marginal benefits in the summer than in the spring.
D) distinguishing between total benefits and price.
E) distinguishing between total benefits and marginal benefit.
Textbook 

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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4 years ago
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