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The diamond-water paradox arises because: Answers: a,essential goods may be cheap while nonessential goods may be expensive.

The diamond-water paradox arises because:
Answers:
a,essential goods may be cheap while nonessential goods may be expensive.
b,the marginal utility of certain products increases, rather than diminishes.
c,essential goods are always higher priced than nonessential goods.
d,we sometimes fail to use money as a standard of value.

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