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![Paradox of value in economics [Analyze & Explain] - EconTips](https://econtips.com/wp-content/uploads/2022/06/Paradox-of-value.jpg "Paradox of value in economics [Analyze & Explain] - EconTips")
Paradox of value in economics [Analyze & Explain] - EconTips
SOLVED:Classical economists could not understand how utility could be the basis of prices when water, which is so necessary for life, is cheap, while diamonds, which are not at all necessary for
