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Although Research Has Shown That Consumers Think Better of Products

question 111

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Although research has shown that consumers think better of products made by firms they feel are behaving ethically, many "ethical" companies encounter difficulties selling their products. What is a good a reason for this?


Definitions:

Market Economy

An economic system in which supply and demand guide the production and distribution of goods and services.

Imprisonment for Debt

The practice, now largely abolished, of jailing individuals who are unable to repay their debts.

Subsistence Farming

A type of agriculture where farmers focus on growing enough food to feed themselves and their families, with little or no surplus for trade.

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