What is an opportunity at the margin?

An opportunity at the margin refers to the potential benefit gained from making incremental changes to a decision or action, rather than making wholesale changes. It involves analyzing the additional costs and benefits of a specific choice, helping individuals or businesses determine the most efficient allocation of resources. This concept is often used in economics to guide decisions that maximize overall utility or profit. Essentially, it focuses on the trade-offs and consequences of small adjustments rather than drastic shifts.