The situation in which some necessities have little value while some non-necessities have a much higher value is known as a. paradox of value. c. trade-offs. b. opportunity cost. d. economic interdependence.

correct answer is a. paradox of value

Explanation:

the correct answer is a paradox of value and it is also known as diamond water paradox  

like as marginal utility of diamond is very high in part  

as it is use as celebrating of any life event  

and it is also used for a signal by 1 person to another one as the commitment of both each other

so which thing has the highest value that is used frequently little/no value in the exchanging  

and those have the highest value for exchange that have frequently little/no value use in  value in use and value in exchange

so here the correct answer is a. paradox of value

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101