You are wondering why Argyle Diamond Investments ask such an absurd question, since nobody would want to pay more for a glass of water than for a ring that had a piece of field; In fact, Argyle Diamond Investments speak of goods that are very distant from each other in terms of price. However, in economics this is not so simple; The paradox of value, or paradox of water and pink diamonds , has been the object of study by economists of different ideologies for more than three centuries, and it remains so to this day. Imagine a fictitious situation. You've been wandering the desert for three hours in suffocating heat, and you're thirsty. Suddenly, you find a store that sells diamonds for one $ and bottles of water. What would you buy in that store? Possibly, even thinking that the price of diamonds is a bargain, you would buy the water bottle. At that time the bottle of water has reported the utility of covering a basic need, thirst, that would not satisfy you a