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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Worth 10¢

Worth 10¢

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  • jon-nycJ jon-nyc

    The point would be the same, but it would have been nice.

    Maybe no one thought to pose the dog back in 08. Or they did but he’s dead now.

    Doctor PhibesD Offline
    Doctor PhibesD Offline
    Doctor Phibes
    wrote on last edited by
    #12

    @jon-nyc said in Worth 10¢:

    The point would be the same, but it would have been nice.

    Maybe no one thought to pose the dog back in 08. Or they did but he’s dead now.

    Joe Biden killed the freaking dog, too????????

    I was only joking

    1 Reply Last reply
    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #13

      Let's go Brandon!

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

      1 Reply Last reply
      • JollyJ Jolly

        Wasn't the average about $3.11 back then?

        George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #14

        @jolly said in Worth 10¢:

        Wasn't the average about $3.11 back then?

        https://www.in2013dollars.com/Gasoline-(all-types)/price-inflation

        Screen Shot 2021-11-08 at 6.48.49 AM copy.jpg

        Screen Shot 2021-11-08 at 6.50.14 AM.png

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        1 Reply Last reply
        • LarryL Larry

          @taiwan_girl said in Worth 10¢:

          Why is gasoline allowed to be sold in 0.1 tenths of a cent??

          Is there any other products which are not sold to the cent?

          What makes you think ANY product should have to get permission to set their prices?

          taiwan_girlT Offline
          taiwan_girlT Offline
          taiwan_girl
          wrote on last edited by
          #15

          @larry said in Worth 10¢:

          @taiwan_girl said in Worth 10¢:

          Why is gasoline allowed to be sold in 0.1 tenths of a cent??

          Is there any other products which are not sold to the cent?

          What makes you think ANY product should have to get permission to set their prices?

          I just think that companies would have to set a price that people can actually pay.

          It seems to be unique for gas stations. I dont think that McDonalds sells their hamburgers for USD $1.99.9 per burger.

          Just seems kind of weird.

          When I become leader of the world, that will be one of my first things to abolish! All prices must be posted in actual amounts!!

          Doctor PhibesD 1 Reply Last reply
          • LarryL Offline
            LarryL Offline
            Larry
            wrote on last edited by
            #16

            @taiwan_girl said in Worth 10¢:

            @larry said in Worth 10¢:

            @taiwan_girl said in Worth 10¢:

            Why is gasoline allowed to be sold in 0.1 tenths of a cent??

            Is there any other products which are not sold to the cent?

            What makes you think ANY product should have to get permission to set their prices?

            I just think that companies would have to set a price that people can actually pay.

            It seems to be unique for gas stations. I dont think that McDonalds sells their hamburgers for USD $1.99.9 per burger.

            Just seems kind of weird.

            When I become leader of the world, that will be one of my first things to abolish! All prices must be posted in actual amounts!!

            Gas IS priced in actual amounts. In fact, the government drops in on stations unannounced to check the calibration of the pumps, to make sure the price matches product delivery exactly. Each pump has a government seal attached verifying this.

            This is a practice that began when gas prices were 10 or 12 cents a gallon. Precisely BECAUSE prices were checked and verifies accurate people understood the logic - station A has gas for 12 cents a gallon, to appear to be lower priced, station B across the street priced their gas at 11.9 cents a gallon. Because both had to pass the same standards, station B was legitimately lower priced. Big Macs are not priced that way because that marketing method wouldn't help at all in selling hamburgers.

            While it may seem weird, there IS a history behind it, and today everyone expects it so raising your price .1 cents a gallon will, just like always, make your price appear to be a penny a gallon higher than everyone else. So no need to resort to dictatorial tactics - the prices posted ARE actual amounts, and while it IS legitimate government intervention to check to assure product delivery matches price, it is NOT a legitimate function of government to dictate prices.

            Maybe when the Left finally installs a "world leader" they can force retailers to give up control of pricing to the world dictatorship, but as long as we are free, they get to set their own prices.

            taiwan_girlT 1 Reply Last reply
            • LarryL Larry

              @taiwan_girl said in Worth 10¢:

              @larry said in Worth 10¢:

              @taiwan_girl said in Worth 10¢:

              Why is gasoline allowed to be sold in 0.1 tenths of a cent??

              Is there any other products which are not sold to the cent?

              What makes you think ANY product should have to get permission to set their prices?

              I just think that companies would have to set a price that people can actually pay.

              It seems to be unique for gas stations. I dont think that McDonalds sells their hamburgers for USD $1.99.9 per burger.

              Just seems kind of weird.

              When I become leader of the world, that will be one of my first things to abolish! All prices must be posted in actual amounts!!

              Gas IS priced in actual amounts. In fact, the government drops in on stations unannounced to check the calibration of the pumps, to make sure the price matches product delivery exactly. Each pump has a government seal attached verifying this.

              This is a practice that began when gas prices were 10 or 12 cents a gallon. Precisely BECAUSE prices were checked and verifies accurate people understood the logic - station A has gas for 12 cents a gallon, to appear to be lower priced, station B across the street priced their gas at 11.9 cents a gallon. Because both had to pass the same standards, station B was legitimately lower priced. Big Macs are not priced that way because that marketing method wouldn't help at all in selling hamburgers.

              While it may seem weird, there IS a history behind it, and today everyone expects it so raising your price .1 cents a gallon will, just like always, make your price appear to be a penny a gallon higher than everyone else. So no need to resort to dictatorial tactics - the prices posted ARE actual amounts, and while it IS legitimate government intervention to check to assure product delivery matches price, it is NOT a legitimate function of government to dictate prices.

              Maybe when the Left finally installs a "world leader" they can force retailers to give up control of pricing to the world dictatorship, but as long as we are free, they get to set their own prices.

              taiwan_girlT Offline
              taiwan_girlT Offline
              taiwan_girl
              wrote on last edited by
              #17

              @larry I agree and understand everything you say, but it just doesn't seem right. LOL

              1 Reply Last reply
              • taiwan_girlT taiwan_girl

                @larry said in Worth 10¢:

                @taiwan_girl said in Worth 10¢:

                Why is gasoline allowed to be sold in 0.1 tenths of a cent??

                Is there any other products which are not sold to the cent?

                What makes you think ANY product should have to get permission to set their prices?

                I just think that companies would have to set a price that people can actually pay.

                It seems to be unique for gas stations. I dont think that McDonalds sells their hamburgers for USD $1.99.9 per burger.

                Just seems kind of weird.

                When I become leader of the world, that will be one of my first things to abolish! All prices must be posted in actual amounts!!

                Doctor PhibesD Offline
                Doctor PhibesD Offline
                Doctor Phibes
                wrote on last edited by
                #18

                @taiwan_girl said in Worth 10¢:

                When I become leader of the world, that will be one of my first things to abolish! All prices must be posted in actual amounts!!

                You know what I'd change if I ruled the world?

                People quoting the bloody price without sales tax. What a load of bollocks that is. They stick up $4.99, and then they charge you $5.04, or whatever the hell it is.

                Tell me what the freaking thing is going to freaking cost, you knobhead! I don't give a shit which bit goes to the local government, I just want to know what I'm expecting to pay!

                I was only joking

                taiwan_girlT 1 Reply Last reply
                • LarryL Offline
                  LarryL Offline
                  Larry
                  wrote on last edited by
                  #19

                  It's the same psychology that causes big ticket items to be priced at 3999 instead of 4000 dollars. That last dollar causes the first number to go from 3 to 4, so even though everyone is aware that it's only a dollar, it feels like a thousand.

                  I read somewhere that Wal-Mart uses the odd cents on the end of the "sale price" as a way to "code" items, in other words, to let employees know if it's (for examp,e) overstocked, aged inventory, discontinued, etc. I don't know the code of course, but as an example, an item might be priced "on sale" for 28.88, the .88 meaning aged inventory, or 28.77, the .77 meaning overstocked, and so on.

                  Ts interesting how price affects motivation. When i was in the piano business, every once in a while there would be a specific piano that seemed like it would never sell. Just for explanation purposes, let's say it was a co sole piano, "regular price 3995, on sale for 2999." But it sat.... slash through the 2999 price, and put "special one only - 2488". But it sat..... slash through the 2488... "final sale price 1999!!!"... but it sat.. it seemed to be "marked"... but pull it off the sales floor and put in the warehouse for a month or so, bring it out again with a new price tag "$4895" and it would sell within a week, often for nearly 4k.... don't ask me why, but it always worked.

                  taiwan_girlT 1 Reply Last reply
                  • Doctor PhibesD Doctor Phibes

                    @taiwan_girl said in Worth 10¢:

                    When I become leader of the world, that will be one of my first things to abolish! All prices must be posted in actual amounts!!

                    You know what I'd change if I ruled the world?

                    People quoting the bloody price without sales tax. What a load of bollocks that is. They stick up $4.99, and then they charge you $5.04, or whatever the hell it is.

                    Tell me what the freaking thing is going to freaking cost, you knobhead! I don't give a shit which bit goes to the local government, I just want to know what I'm expecting to pay!

                    taiwan_girlT Offline
                    taiwan_girlT Offline
                    taiwan_girl
                    wrote on last edited by
                    #20

                    @doctor-phibes said in Worth 10¢:

                    @taiwan_girl said in Worth 10¢:

                    When I become leader of the world, that will be one of my first things to abolish! All prices must be posted in actual amounts!!

                    You know what I'd change if I ruled the world?

                    People quoting the bloody price without sales tax. What a load of bollocks that is. They stick up $4.99, and then they charge you $5.04, or whatever the hell it is.

                    Tell me what the freaking thing is going to freaking cost, you knobhead! I don't give a shit which bit goes to the local government, I just want to know what I'm expecting to pay!

                    I agree. Cash registers and price marking tools today are computers. Easy enough to include the sales tax in the price.

                    But I am sure that there would be a lot of "pushback' from stores on this, especially from ones that are in higher local tax areas.

                    1 Reply Last reply
                    • LarryL Larry

                      It's the same psychology that causes big ticket items to be priced at 3999 instead of 4000 dollars. That last dollar causes the first number to go from 3 to 4, so even though everyone is aware that it's only a dollar, it feels like a thousand.

                      I read somewhere that Wal-Mart uses the odd cents on the end of the "sale price" as a way to "code" items, in other words, to let employees know if it's (for examp,e) overstocked, aged inventory, discontinued, etc. I don't know the code of course, but as an example, an item might be priced "on sale" for 28.88, the .88 meaning aged inventory, or 28.77, the .77 meaning overstocked, and so on.

                      Ts interesting how price affects motivation. When i was in the piano business, every once in a while there would be a specific piano that seemed like it would never sell. Just for explanation purposes, let's say it was a co sole piano, "regular price 3995, on sale for 2999." But it sat.... slash through the 2999 price, and put "special one only - 2488". But it sat..... slash through the 2488... "final sale price 1999!!!"... but it sat.. it seemed to be "marked"... but pull it off the sales floor and put in the warehouse for a month or so, bring it out again with a new price tag "$4895" and it would sell within a week, often for nearly 4k.... don't ask me why, but it always worked.

                      taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on last edited by
                      #21

                      @larry said in Worth 10¢:

                      It's the same psychology that causes big ticket items to be priced at 3999 instead of 4000 dollars. That last dollar causes the first number to go from 3 to 4, so even though everyone is aware that it's only a dollar, it feels like a thousand.

                      Yup. LOL On similar story, I was reading about if someone is buying a bag of noodles for USD$10, and the exact same bag is for sale a block away for USD$9, many/most people will go the extra block to save the USD$1

                      But it someone is buying a fancy dress, and it is USD $476 in one store and the exact same dress in a store one block away is USD$475, most people would not get the extra block to save that one dollar.

                      Human thinking is very interesting.

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