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Marginal Benefits
The additional satisfaction or utility gained by consuming one more unit of a good or service.
Marginal Costs
A rephrased definition: The cost added by producing one additional unit of a product or service, reflecting the change in total cost that arises from an increase in production.
Marginal Cost
The additional cost incurred by producing one more unit of a product or service.
Marginal Benefit
The extra enjoyment or benefit derived from acquiring or generating another unit of a product or service.
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