Advertisement

Ethics pp 32-38 | Cite as

Ethics and the Consumer

  • Francis P. McHugh
Chapter
  • 62 Downloads
Part of the In Business Now Series book series

Abstract

In the real world it is unlikely that we will find the situation of perfect competition, where there are many small firms competing for the best use of resources in the sale of one product. In this situation, demand and supply are in balance at the price offered in the market; profit is ‘normal’, and exploitation is not possible.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Francis P. McHugh 1991

Authors and Affiliations

  • Francis P. McHugh

There are no affiliations available

Personalised recommendations