What would result in the residents of a small town having more buying choices and the town having more money from taxes?

Question

The town adopts a free-enterprise system.

An existing popular store makes a lot of profit.

A local company goes out of business.

Another business opens on a busy street.

Answer 1

The scenario that would likely result in the residents of a small town having more buying choices and the town having more money from taxes is:

Another business opens on a busy street.

When a new business opens, it can increase competition, leading to more options for consumers (more buying choices). Additionally, the new business would contribute to the local economy by generating tax revenue from its operations, which would benefit the town financially.