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