Community is suffering because manufacturing plant closes


Problem: A community is suffering because a manufacturing plant is closing. A gasoline station decides to lower prices by 10% over the next month to help the community. However, the station also plans to increase prices above the regular price after the month is over to make up for the losses that will occur while the prices are lowered. Is this Ethical or Unethical? Is it lawful or unlawful? What other information would you like to know? What stakeholders are involved? What consequences might you face?

 

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