Diamonds are more expensive than water because

a. markets do not always reflect value.

b. they have fewer uses.

c. they yield higher marginal utility.

d. they yield higher total utility.

e. all of the above

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Guest

28 August, 19:38

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Heaven · Answer 1

d. they yield higher total utility

Diamonds are more expensive than water becausea. markets do not always reflect value.b. they have fewer uses.c. they yield higher marginal utility.d. they yield higher total utility.e. all of the above