Answered: An electrician working in a small town…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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An electrician working in a small town in Bicol is the only electrician within a 100-mile radius. He knows that people who have medical equipment at home have the highest need for power, so he charges them double to fix problems with their electricity, compared with the average customer. The community is angry about this choice. This business practice is most likely:

Group of answer choices

A. Ethical because it is not illegal for a company to set its prices based on maximizing profits.

B. Ethical because owners should focus only on the impact of decisions on the firm.

C. Unethical because businesses operate in a community and communities have expectations for behavior of individuals, groups, and businesses.

D. Unethical because it is against the law for the company to charge one customer more than another.

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