The Paradox of Value Asks Why

question 53

Multiple Choice

The paradox of value asks why

• A)bad things happen to good people.
• B)the price of water is low and the price of a diamond is high,but water is essential to life while diamonds are not.
• C)the good die young.
• D)total utility is greater than marginal utility.
• E)the standard of living is higher in North America than in South America.

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Definitions:

Informative

Pertaining to or providing information; educational or enlightening.

Advertising

The activity of producing and placing promotional materials in various media channels to communicate to the public about products, services, or brands.

Paid

Refers to content or services that are monetized, requiring payment by the user or client.

Nonpersonal

Communication or interaction that lacks personalization, usually in reference to mass media or advertising messages.