why is gas always sold with something and 9/10ths of a cent? (e.g. 2.35 9/10)wouldnt it be easier to just sell it at a price that is a whole number since you can't pay part of a cent?
2007-03-04 11:51:22 · 5 answers · asked by Anonymous in Social Science ➔ Economics
this is the retail pricing technique
check your department stores and supermarkets, all are using the same technique
2007-03-04 11:59:01 · answer #1 · answered by sm bn 6 · 0⤊ 0⤋
I got this answer from digg.com: "IT WAS IMPORTANT way back when gas was say 25 cents a gallon. One station would have gas for 25.2 cents and another at 25.7 cents. The extra place was important for the 'gas wars' of those days. When gas got close to a dollar a gallon, the extra tenths didn't really matter anymore and they just left it at .9 (of course)!" I don't know how accurate this answer this.
2007-03-04 11:59:16 · answer #2 · answered by limemountain 3 · 0⤊ 1⤋
Gov lets them get by with that stuff. In real cost is needs to be done a way with. Manpower to change signs is costly
2007-03-04 11:58:31 · answer #3 · answered by RayM 4 · 0⤊ 0⤋
every notice the total u pay which is your bottom line its always rounded up to benefit the seller now we know why there never will be a rebate at the pump
2007-03-12 04:25:26 · answer #4 · answered by mmbmw2000 4 · 0⤊ 0⤋
taxes taxes taxes.
2007-03-08 11:51:56 · answer #5 · answered by front door 3 · 0⤊ 0⤋