The law of diminishing marginal utility states that:
a. the marginal utility of the last unit consumed of any good is less than the marginal utility of all other products consumed.
b. as more of a good or service is consumed, the marginal utility derived from it, relative to other products, increases.
c. as more of a good or service is consumed, the marginal utility derived from it decreases.
d. as more of a good or service is consumed, the marginal utility derived from it, relative to other products, remains the same.
e. the marginal utility of all products consumed must be equal.
c
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The observed variations in practice patterns in different regions of the country is the result of all of the following except one.
a. Patients often prefer a number of different options to treat the same illness and physicians are willing to accommodate these differences. b. The observed variations are due to scientific uncertainty associated with diagnosis and treatment. c. There are many alternative treatment options available for most ailments. d. Practice variations are due to differences in demographics and disease incidence across regions. e. Medical training varies across the country depending on where the physician was trained, and most physicians' practices tend to be in the same regions.