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One of the fundamental conclusions drawn from the diamond-water paradox is: Group of answer choices Prices do not reflect overall value since they are set
One of the fundamental conclusions drawn from the "diamond-water" paradox is: Group of answer choices Prices do not reflect overall value since they are set at marginal utility, not total utility. Prices must reflect the overall value of a product because diamonds are more valuable than water. Prices can reflect the overall value of a product since prices reflect total utility. Prices do not reflect overall value because they do not take utility into account at all
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