The paradox in the paradox of value refers to a situation where A) a good that...

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The paradox in "the paradox of value" refers to a situation where A) a good that is necessary to sustain life gives more total utility than a decorative, luxury item. B) a good with a low total value can command a higher price than a good with a high total value. C) necessities are in short supply. D) a good has greater value in the short run than in the long run. E) Both (B) and (C). The paradox in "the paradox of value" refers to a situation where A) a good that is necessary to sustain life gives more total utility than a decorative, luxury item. B) a good with a low total value can command a higher price than a good with a high total value. C) necessities are in short supply. D) a good has greater value in the short run than in the long run. E) Both (B) and (C).

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