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Contemplating the opening of a factory

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Contemplating the opening of a factory, you discover that it appears to be a toss-up between building a plant that uses cheaper machinery and hiring 200 workers who will earn an average of $8 an hour and building a plant that uses more expensive, sophisticated machinery and hiring 70 workers likely to earn about $20 an hour. Is it more responsible to build one kind of factory than another? What if you know that the first kind of factory will probably never be unionized, but the second kind of factory is more likely to be unionized?

Reference no: EM131438942

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