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Marginalism is the economic concept that focuses on the incremental change in benefits derived from consuming one additional unit of a good or service. For example, if a consumer is deciding whether to buy a second cup of coffee, they will consider the additional satisfaction (utility) they will receive from that second cup relative to the price they have to pay. If the marginal benefit exceeds the marginal cost, the consumer is likely to buy the second cup.

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Q: Explain with proper example of marginalism?
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