Dayton

Social Studies

8 January, 09:14

A young entrepreneur recently decided to expand his steel business into a small industrial town in Indiana. Which of the following could be a likely effect on the economy?

A. There would be more job opportunities for the local population

B. There will be an over abundance of labor supply which would lead to unemployment

C. The supply of complementary goods would decrease as steel supply increased.

D. There will be a decrease in local property taxes as people move out.