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Childcare Workers Often Get Paid Fairly Low Wages,yet It Is

Question 98

Multiple Choice

Childcare workers often get paid fairly low wages,yet it is said that they have "the most important job in the world." This paradox can be resolved by


A) distinguishing between price and value.
B) distinguishing between marginal utility and total utility.
C) noting that childcare yields no utility since it is a service.
D) noting that marginal utility does not diminish for childcare.
E) noting that marginal utility is constant for childcare.

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