Multiple Choice
The paradox in "the paradox of value" refers to the
A) confusion between supply curves and demand curves.
B) fact that goods with high total values command high prices.
C) fact that goods with low total values command low prices.
D) situation where a good that is necessary to sustain life is "more valuable" than a decorative,luxury item.
E) situation where a good with a low total value can command a high price,while a good with a high total value can command a low price.
Correct Answer:

Verified
Correct Answer:
Verified
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