2006-12-09 21:05:39 · 4 answers · asked by thirdrateromance 1 in Social Science ➔ Economics
With gas prices penny's make a difference. Years ago the folks who provided gas pumps decided to beat the competition by doing the nine tenths and make it seem like a penny cheaper and they did it. It's been used ever since. I worked at a gas station when I was 16 and sold gas for as cheap as 16 cents a gallon. Hmmm, that was a while back. I would sure like to see the gas wars back again.
2006-12-09 21:16:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
People generally look at numbers before period. So, a gas station may lose customers by posting $3.00, instead of $2.99. Some gas stations play games like 2.98 or lower to attract more customers. I, too, look at numbers before period since that is what I see first or my eyes concentrate on it by itself.
2006-12-10 05:18:58 · answer #2 · answered by wat~ 3 · 0⤊ 0⤋
Because you may not take up the whole penny's worth of gas...
2006-12-10 05:07:43 · answer #3 · answered by Tom Foolery 3 · 0⤊ 0⤋
becuz it looks cheaper to the mind
2006-12-10 05:07:16 · answer #4 · answered by bigguu254 3 · 0⤊ 0⤋