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Refer to the information provided in Figure 12.4 below to answer the question(s) that follow. Figure 12.4
There are two sectors in the economy, X and Y, and both are in long-run, zero-profit equilibrium at the intersections of S0 and D0.
-Refer to Figure 12.4. Assume consumer preference changes toward X and away from Y. Ceteris paribus, sector X will likely see ________ and sector Y will likely see ________.
Pallor
A noticeable paleness of the skin often resulting from poor blood circulation or reduced oxygen levels.
Infiltration
The process by which a substance or group gradually enters or permeates an area or system.
Phlebitis
Inflammation of a vein, typically in the leg, which can result from irritation, infection, or the presence of a blood clot.
Thrombophlebitis
The inflammation of a vein in conjunction with the formation of a thrombus (blood clot), which can lead to swelling, pain, and complications.
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