Question

When is it ethical to charge a higher price for an article than its cost price?

a.

When the person selling the article is not doing business.

b.

When the article has been bought from another city.

c.

When the article is sold to a close friend.

d.

It is never ethical to charge a higher price for an article than its cost price.

Answer: (d).It is never ethical to charge a higher price for an article than its cost price. Explanation:It is never ethical to charge a higher price for an article than its cost price, unless the person selling the article is doing business.

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Q. When is it ethical to charge a higher price for an article than its cost price?

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