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The Paradox of Value

Question 35

Multiple Choice

The paradox of value


A) is that values are the same for different people.
B) is that economists can calculate marginal utility,even though utility is unmeasurable.
C) is resolved by an appeal to the law of diminishing total utility.
D) remains unresolved by economists.
E) is resolved by an appeal to the difference between marginal utility and total utility.

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