Refer to the information provided in Figure 12.4 below to answer ...

[itsmyluck]

Refer to the information provided in Figure 12.4 below to answer the question(s) that follow.







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 ________.

◦ capital inflow; capital outflow
◦ capital outflow; capital inflow
◦ capital inflow; no change in capital flows
◦ no change in capital flows; capital outflow

[lkoler]

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[itsmyluck]

TY

[lkoler]

You're welcome