Why would you NOT select water EVERY time you were offered a choice between water and diamonds?
Water is more valuable than diamonds, both physically and financially
The use value of diamonds is higher than the use value of water the longer you walk
The utility of water decreases after your basic needs are met
The water will expire by the time you get to the next booth

Which of the following statements about decision-making is most helpful?
Select the choice with a higher use value over exchange value to maximize benefits
Consider the utility and opportunity cost given the context of a situation before making a choice
Stick to the choice that worked the first time, as it will always prove effective each time
Select the choice with a higher exchange value over use value to maximize benefits