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Directions: • Your essay is required to be two to three pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements. • Support your submission with course material concepts, princi

Directions: • Your essay is required to be two to three pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements. • Support your submission with course material concepts, princi

Question Description

Directions:

  • Your essay is required to be two to three pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
  • Support your submission with course material concepts, principles, and theories from the textbook and external reliable sources. Use the Saudi Digital Library to find your resources.
  • Use Saudi Electronic University academic writing standards.
  • The assignment is graded ZERO if Plagiarism percentage exceeds 20%.
  • Review the grading rubric to see how you will be graded for this assignment.

1. Understand the difference between value in use and value in exchange
2. Explain how the classical economists responded to the paradox of value
3. Explain the role of the marginal utility theory in solving the paradox of value

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