Ahmed charges different prices for different customers based on their interest and approach to buy the product. Which of the following ethical principle he is not following? choose correct answer a. It is right to do business by fixing different price for different customer b. Profit is earned only by fixing differences prices for different customer c. A uniform price must be charged from all customers d. Every customer has different taste so it is not wrong to fix different price to each customer
Ahmed charges different prices for different customers based on their interest and approach to buy the product. Which of the following ethical principle he is not following? choose correct answer a. It is right to do business by fixing different price for different customer b. Profit is earned only by fixing differences prices for different customer c. A uniform price must be charged from all customers d. Every customer has different taste so it is not wrong to fix different price to each customer
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Ahmed charges different prices for different customers based on their interest and approach to buy the product. Which of the following ethical principle he is not following?
choose correct answer
a.
It is right to do business by fixing different
b.
Profit is earned only by fixing differences prices for different customer
c.
A uniform price must be charged from all customers
d.
Every customer has different taste so it is not wrong to fix different price to each customer
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