Explain price and ethics, Explain Price and Ethics,

Explain price and ethics

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Reference no: EM1378216

Explain Price and Ethics

Deliberate the ethics of pricing products to match the value that consumers are willing to pay for products (e.g., $2.50 bottle of water $150 running shoes and so on.). Is it unethical to charge high prices while the cost of making a product is significantly less than the retail price?

Reference no: EM1378216

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