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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, the likely change in capital flows in sectors X and Y will eventually________ in industry X and ________ in industry Y.
Inductive Arguments
Arguments that reason from specific instances to general principles, often used to form hypotheses or theories.
Necessary Proof
Evidence or argument required to establish a fact or the truth of a statement.
Conclusion Indicator
Words or phrases used within an argument to signal that a conclusion is being drawn, such as "therefore" or "thus."
Because
A conjunction used to introduce a reason or explanation for something.
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