The given statement is true because when the marginal utility to consumers of coffee will be higher then the available supply of coffee to consumers will also be greater.
In economics, marginal utility refers to the additional satisfaction or benefit that a consumer derives from buying an additional unit of goods or service. It implies that marginal utility is the change in total utility that a customer experiences when one more unit of a good or product is consumed.
When the marginal utility of an item is high, its price gets low and ultimately its supply to consumers becomes higher. Therefore, the given statement is true.
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