Assume I have an image fruit240.jpg of 800 pixels by 600 pixels at resolution of 240 dpi.
Normally I can scale it by half using the following way.
\documentclass{article}
\usepackage{xcolor,graphicx}
\parindent=0pt
\fboxsep=0pt
\fboxrule=5pt
\begin{document}
{\color{red}\fbox{\includegraphics[scale=0.5]{fruit240}}}
\end{document}
Doubling resolution by invoking ImageMagick's convert as follows apparently makes the same effect as scaling by half.
convert fruit240.jpg -density 480 fruit480.jpg
\documentclass{article}
\usepackage{xcolor,graphicx}
\parindent=0pt
\fboxsep=0pt
\fboxrule=5pt
\begin{document}
{\color{red}\fbox{\includegraphics{fruit480}}}
\end{document}
Is it OK to scale image by changing its resolution?