Ethics In this chapter, we talked about price gouging during the COVID-19 epidemic. Many people sell things
Question:
Ethics In this chapter, we talked about price gouging during the COVID-19 epidemic. Many people sell things they own on one of the online auctions, such as eBay, at prices above the regular or list price. Think about each of the following products and decide if you think the pricing is unethical. Should it be illegal to sell at this price?
a. An antique Chinese vase priced at $1,000.00
b. The doll every little girl seems to want for Christmas at 15 percent above MSRP
c. The doll every little girl seems to want for Christmas at 75 percent above MSRP
d. A brand of deodorant that is no longer being produced priced at double the MSRP
e. A pair of collectible limited-edition NBA basketball shoes priced at $20,000
Step by Step Answer:
Marketing Real People Real Choices
ISBN: 183983
11th Global Edition
Authors: Michael Solomon ,Greg Marshall ,Elnora Stuart