Related to the Paradox of Value,which of the Following Statements

question 141

Multiple Choice

Related to the paradox of value,which of the following statements is correct?

• A) The marginal utility of water is enormous but the total utility is small.
• B) We consume so much water so its marginal utility is enormous.
• C) The marginal utility of water is small but the total utility is enormous.
• D) The consumer surplus from water is small.
• E) The total utility of water is equal to the marginal utility of water.

---

Definitions:

Anis/o

A prefix meaning unequal or dissimilar.

Eosin/o

A prefix relating to eosinophils, a type of disease-fighting white blood cell, often associated with allergic reactions and infections.

Erythr/o

A prefix used in medical terms to denote a relation to red or red blood cells.

Hemat/o

A prefix relating to blood.