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General Equilibrium
A condition in economics where supply and demand are balanced across all markets in the economy simultaneously.
Supply Curve
A graphical representation of the relationship between the price of a good or service and the quantity supplied for a given period.
Movie Tickets
Proof of purchase for entry to a cinema or theater showing, usually indicating a specific film, time, and seat assignment.
Demand Decrease
Demand decrease refers to a downward shift in the demand curve, indicating that consumers are willing to purchase less of a good at any given price.
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