Which statement describes an effect of the economic incentive the company received?


A.The company will be more productive when making chemicals.

A.

The company will be more productive when making chemicals.


B.The manufacturing process will make the town safer for residents.

B.

The manufacturing process will make the town safer for residents.


C.The factory will be able to employ more of the town's residents.

C.

The factory will be able to employ more of the town's residents.


D.The company will be able to develop a new method of manufacturing.

D.

The company will be able to develop a new method of manufacturing.

Respuesta :

Answer:

The answer is C.

Explanation:

Business incentives have an impact on economic growth by directly encouraging firms to expand the number of employment available in a local economy.

As per the result of the effect of the economic incentive the company will be able to employ more of the town's residents. Hence, Option C is correct.

What is an economic incentive?

When there is a kind of motivation available for the people to behave in a certain way and at the same time people have the offer of the subsidies, bonuses, money, or salaries fo taking a specific kind of action. The behavior is all because of economic incentives.

And when the situation is just the opposite of it that is the people have an economic incentive that the way that they will behave will not have any kind of motivation. Economic incentives are the financial incentives that a person always wants. When there is an economic incentive that a company receives will motivate the company to hire more of the town's residents.

Thus, Option C is correct.

Learn more about an economic incentive from here:

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