The paradox of value arises when people _______. A. Prefer to buy cheap goods rather than expensive

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The paradox of value arises when people _______.
A. Prefer to buy cheap goods rather than expensive goods
B. Spend more on expensive useless goods than on cheap useful goods
C. Buy so much of a useful good that its price falls
D. Get the same marginal utility per dollar from cheap useful goods and useless expensive goods

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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