Paradox perplexing, Early Classical economists found the

Paradox perplexing

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Early Classical economists found the following "diamond/water" paradox perplexing: "Why is water, which is so useful and so necessary, so cheap, when diamonds, which are so relatively unnecessary, are so expensive?"

Reference no: EM13669750

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Paradox perplexing : Early Classical economists found the following "diamond/water" paradox perplexing

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