Which of the following describes the contagion effect that can occur when one business moves into an area?
A) New jobs will be created in the community, which will decrease unemployment and boost the overall economy.
B) A move can signal to other firms that the area is a viable and attractive place for others to locate, and more businesses will follow.
C) A move can signal to other firms that the area is congested and not worth entering.
D) The community will be grateful to the company for locating within its limits and reward it with certain property tax benefits.
E) The overall skill level of employees in the community will improve, which may lead other companies to recruit workers from this community.
Correct Answer:
Verified
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