Marginal utility

Related to the paradox of value, which of the following statements is correct?a. the consumer surplus from water is smallb. we consume so much water so its marginal utility is enormousc. the marginal utility of water is enormous but the total utility is smalld. the total utility of water is equal to the marginal utility of watere. the marginal utility of water is small but the total utility is enormousRelated to the paradox of value, which of the following statements is correct?a. the consumer surplus from water is smallb. we consume so much water so its marginal utility is enormousc. the…

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