1 Explain the use of the therapeutic ratings system in determining whether 1 drug can be appropriately substituted for another of the same therapeutic class.  Define some appropriate and inappropriate substitutions for commonly prescribed antihypertensive agents.
Definition and Statement of the Law: The law of diminishing marginal utility describes a familiar and fundamental tendency of human behavior. The law of diminishing marginal utility states that: As a consumer consumes more and more units of a specific commodity, the utility from the successive units goes on diminishing. Mr. H. Gossen, a German economist, was first to explain this law in 1854.
As a consumerâs consumption level increases, the marginal benefit tends to decrease (which is called diminishing marginal utility). Thus, the marginal benefit experienced by a consumer is highest for the first unit of consumption, and declines thereafter.For example, a customer is willing to pay $5 for an ice cream, so the marginal benefit of consuming the ice cream is $5.s a consumerâs consumption level increases, the marginal benefit tends to decrease (which is called diminishing marginal utility). Thus, the marginal benefit experienced by a consumer is highest for the first unit of consumption, and declines thereafter.