The hamlet of Smallville had one small store that provided all the basic necessities to the residents. The chain that owned the store decided to shut down the store as the hamlet was too small to allow the store to generate sufficient profits. The people of the town were upset and claimed that the damage that it caused them outweighed the harm caused to the chain by the reduced income. The store was closed. The store management applied the principle of _________ ethic to this decision.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The hamlet of Smallville had one small store that provided all the basic necessities to the residents. The chain that owned the store decided to shut down the store as the hamlet was too small to allow the store to generate sufficient profits. The people of the town were upset and claimed that the damage that it caused them outweighed the harm caused to the chain by the reduced income. The store was closed. The store management applied the principle of _________ ethic to this decision.

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