Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

Learn how economists measure utility using cardinal and ordinal approaches to understand consumer choices and maximize satisfaction from products and services.

JACKSONVILLE, Fla. — The JEA board of directors says it’s time to hit the “restart button” on some of the topics making headlines. In a workshop with city council members, leaders from the public ...