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Author Question: Related to the paradox of value, which of the following statements is correct? (Read 15 times)

iveyjurea

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on: May 24, 2019
Related to the paradox of value, which of the following statements is correct?
◦ The marginal utility of water is enormous but the total utility is small.
◦ We consume so much water so its marginal utility is enormous.
◦ The marginal utility of water is small but the total utility is enormous.
◦ The consumer surplus from water is small.
◦ The total utility of water is equal to the marginal utility of water.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by iveyjurea on May 24, 2019

l.stuut

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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iveyjurea

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Excellent

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