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The Fact That Water,which Is Essential to Life,is Inexpensive,whereas Diamonds,which

Question 80

Multiple Choice

The fact that water,which is essential to life,is inexpensive,whereas diamonds,which do not sustain life,are expensive can be explained by the

A) law of diminishing marginal utility.
B) diamond-water paradox.
C) diamond-water theory.
D) diamond-water comparison.
E) law of demand.

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