How does the water-diamond paradox explain why there is such a poor correlation between the price of

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How does the water-diamond paradox explain why there is such a poor correlation between the price of a good and the total utility a person receives from it?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 05:41 AM

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How does the water-diamond paradox explain why there is such a poor correlation between the price of

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