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I recently inherited some property between a wealthy neighborhood and a fairly poor neighborhood. The property is zoned so that I can put a...

I recently inherited some property between a wealthy neighborhood and a fairly poor neighborhood. The property is zoned so that I can put a commercial building on it. I am contemplating putting an upscale convenience store on the property. I believe I can sell goods at a higher price than at the average convenience store because of the location because I think that the wealthy residents will pay a premium for the convenience of the location. Further, I believe that the residents of the poorer neighborhood will pay the higher prices because I will have the only convenience store in the area. How do I justify my decision using ethical theory and an ethical decision making model?

Top Answer

To justify my decision, I should be using the ethical hypothesis of Distributive Justice. In this Principle, choice of... View the full answer

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Ans. Your decision can not be considered justified according... View the full answer

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