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Gas pricing ?
Posted: Thu Apr 17, 2008 9:36 pm
by digger
Why do they put the 9/10 on the price (3.99 9/10) why not just round it off to the next cent?
Re: Gas pricing ?
Posted: Thu Apr 17, 2008 10:31 pm
by Skip OK
The same reason a microwave oven is priced $99.99. Or why the Dow Jones Averages get stuck at just under some "threshold" like 14,999, and then shoot way high after it breaks 15,000.
People tend to see the difference between, say $3.199 and $3.20 to be much higher than between $3.198 and $3.199.
Re: Gas pricing ?
Posted: Fri Apr 18, 2008 8:31 am
by regishay
I always figured it was to screw you out of another cent per gal
Re: Gas pricing ?
Posted: Fri Apr 18, 2008 8:55 am
by richard b evers
It’s called price differential, and it has been proven that people in there mind think they are getting a good deal.
Re: Gas pricing ?
Posted: Fri Apr 18, 2008 9:25 am
by h2o_dog
Not nearly as relevant now as it was back in the day when gas was selling for 32.9 cents / gallon
Re: Gas pricing ?
Posted: Fri Apr 18, 2008 9:28 am
by MSDawg870
I tell you what it sure does make me feel better when the sign says $3.349 instead of $3.35.
The gas deals are out there men you just got know where to look.
Re: Gas pricing ?
Posted: Fri Apr 18, 2008 11:01 am
by cwink
Yep.. I am saving 2 cents every fill up by paying 329.9/10 instead of 3.30. I feel so much better.