Enteric-coated peppermint oil capsules can be taken before meals to help prevent IBS symptoms. These capsules have been proven highly effective (and safe) in several clinical trials, including studies that focused specifically on children with IBS.
As a general rule, utility-maximizing choices between consumption goods occur where the: A. rise in income has created the greatest utility. B. price ratio and marginal utilities ratio of two goods is equal. C. higher-income households have the greatest satisfaction. D. constraints on budget expenditures has fallen substantially. Answer: B Reference: Explanation: Type: Multiple Choice DiÂ²culty: Medium Category: Understand 26. The marginal utility of two goods changes ______________. A. with the quantities consumed B. for the better, if taxes are imposed C. if they are intertemporal choices D. if the mother controls the household budget Answer: A Reference: Explanation: Type: Multiple Choice DiÂ²culty: Easy Category: Remember 27.
The concept that marginal utilities diminish across the ranges relevant to decision-making is called the law of diminishing marginal utility (and is also known as Gossen 's First Law). This refers to the increase in utility an individual gains from increase in the consumption of a particular good. The law of diminishing marginal utility is at the heart of the explanation of numerous economic phenomena, including time preference and the value of goods ...