Best Goods, one of the leading department store chains, offers goods at low prices. It recently opened many new stores across the country. After successfully setting up stores in most major cities, Best Goods faced substantial opposition in the city of Joberg, where lobbyists for smaller general stores (local businesses) opposed its entry. These lobbyists argued that Best Goods would put many local stores out of business and would also increase income inequality and unemployment in the city. Which of the following, if true, would weaken the stand of the lobbyists?
A. The country has a proportional tax structure, where the amount of tax paid is proportional to income earned.
B. It is common for traditional retailers to modernize and successfully compete with organized retailing.
c. The net impact on employment in Joberg is expected to be negative.
d. The price level in the economy has been rising in the recent past.