Firm X and Firm Y are competitors within the same industry. Firm X produces its product using large amounts of direct labor. Firm Y has replaced direct labor with investment in machinery. The projected sales for both firms are 15% less than in the sales in the prior year. which statement regarding projected profits is true? Oa. Firm X will lose more profit than Firm Y. Ob. Firm X and Firm Y will lose the same amount of profit. Oc. Firm Y will lose more profit than Firm X. Od. Neither Firm X nor Firm Y will lose proft