Which statement is false? a) The waterdiamond paradox can be resolved with the help of the law
Question:
Which statement is false?
a) The water–diamond paradox can be resolved with the help of the law of diminishing marginal utility.
b) We will consume a service when its marginal utility is equal to its price.
c) The law of diminishing marginal utility has little validity today.
d) None of the above.
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The statement that is false is c The law of diminishing marginal utility has little validity today T...View the full answer
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