Examlex

Solved

De-Normalization Can Increase the Chance of Errors and Inconsistencies That

question 73

True/False

De-normalization can increase the chance of errors and inconsistencies that normalization avoided.


Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers over a range of prices.

Equilibrium Price

The cost where the amount of products offered matches the amount of products sought by consumers.

Related Questions