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    Exam 8: Utility and Demand
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    Why Does Gold, Which Is a Relatively Nonessential Item, Have
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Why Does Gold, Which Is a Relatively Nonessential Item, Have

Question 194

Question 194

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Why does gold, which is a relatively nonessential item, have a higher price than water, which is essential to life?

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Gold has a high price and a high margina...

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