how does marginal analysis resolve the paradox

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David · Accepted Answer

Diamond-Water Paradox  
How does marginal analysis resolve the paradox? 
Answer: 
Diamond-Water Paradox (or paradox of value) is the apparent contradiction that, although water 
is more useful (in terms of usage and survival) than diamonds, diamond has a higher price in the 
market.

how does marginal analysis resolve the paradox

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