Examlex
Sunny Brews is a coffeehouse chain based in Boston. It recently introduced Eva, a mild roast, which became immensely popular. This exemplifies ________.
Marginal Utility
The additional satisfaction or benefit gained from consuming one more unit of a good or service.
Indifference Curve
A graphical representation showing combinations of goods among which a consumer is indifferent, indicating the same level of utility or satisfaction.
Budget Line
The graphical depiction of the trade-off between two goods, demonstrating the combinations that a consumer can afford based on their income and the goods' prices.
Marginal Utility
The change in total satisfaction received from consuming one additional unit of a good or service.
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