Just price and equal opportunity
Journal of Business Ethics · 1983 · Volume 2 · Issue 4
Abstract
The purpose of this paper is to investigate if just price could be given a precise and relevant definition. First, the historical background is sketched. Then a definition is formulated which is based on a gradual interpretation of possibility. The meaning of the definition is, that the buyer and the seller are given equal opportunity of reaching a justified standard of living.
Keywords
Economic Growth, Equal Opportunity, Historical Background, Relevant Definition, Justify Standard
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