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Updating a flat file system is efficient and consumes less time.
Equilibrium
A state in an economy or market where demand equals supply, and there is no tendency for change.
Complements
Goods or services that are used together, where the increase in the demand for one leads to an increase in the demand for the other.
Substitutes
Goods or services that can replace each other in usage, providing similar utility to the consumer.
Price Increases
A rise in the cost of goods or services, which can affect demand, supply, and the overall economy.
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