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    Principles of Economics Study Set 12
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    Exam 5: The Demand Curve and the Behavior of Consumers
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    Why Does Water, Which Is Essential to Our Health, Cost
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Why Does Water, Which Is Essential to Our Health, Cost

Question 105

Question 105

Essay

Why does water, which is essential to our health, cost so much less than diamonds, which are far less useful?

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This water-diamond paradox is based on t...

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