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Refer to the Information Provided in Figure 12

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Refer to the information provided in Figure 12.4 below to answer the question(s) that follow. 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 S<sup>0 and </sup><sup>D</sup><sup>0.</sup> -Refer to Figure 12.4. Assume consumer preference changes toward X and away from Y. Ceteris paribus, the likely change in capital flows in sectors X and Y will eventually________ in industry X and ________ in industry Y. A)  increase the price to P<sup>1</sup>; decrease the price to P<sup>1</sup> B)  decrease the price to P<sup>0</sup>; increase the price to P<sup>0</sup> C)  increase the price to P<sup>1</sup>; increase the price to P<sup>0</sup> D)  decrease the price to P<sup>0</sup>; decrease the price to P<sup>1</sup> 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, the likely change in capital flows in sectors X and Y will eventually________ in industry X and ________ in industry Y.


Definitions:

Frequency Distribution

A frequency distribution shows how often each different value in a set of data occurs.

Formal Education

Structured and systematic instruction provided by trained teachers in institutions like schools and colleges, leading to recognized qualifications.

Employee Development

Organized activities and programs aimed at improving the knowledge, skills, and abilities of employees to enhance their performance and career progression.

Off-site

Activities or work performed away from the primary business location or outside the usual place of employment.

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