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    Exam 8: Utility and Demand
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    According to the Paradox of Value, Expensive Goods, Such as Gemstones
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According to the Paradox of Value, Expensive Goods, Such as Gemstones

Question 294

Question 294

Multiple Choice

According to the paradox of value, expensive goods, such as gemstones, provide consumers with


A) high total utility and low marginal utility.
B) low total utility and low marginal utility.
C) low total utility and high marginal utility.
D) high marginal utility and high total utility.

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