What is the diamonds-water paradox


Problem

(Case Study: Water, Water Everywhere) What is the diamonds-water paradox, and how is it explained? Use the same reasoning to explain why bottled water costs so much more than tap water.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What is the diamonds-water paradox
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