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When will we ever get rid of the .95 or.99 in every price... I guess never.
Im amazed it somehow works and the consumer buys more when using this system.
You're living in a world where people want the quarter pounder over the third-pound-burger because 4 is bigger than 3. Math isn't people's strong point.
https://en.m.wikipedia.org/wiki/Third-pound_burger
A third-pound burger is a hamburger containing a patty that weighs one-third of a pound (approximately 5.3 ounces or 150 grams) before cooking. It is larger than a quarter-pound burger (4 ounces or 113 grams), which is commonly offered by fast-food chains. The third-pound burger became widely known in the 1980s following a marketing campaign by A&W Restaurants in the United States. The campaign, which sought to compete with McDonald's Quarter Pounder, was unsuccessful because consumers misunderstood fractions, making it a case study in consumer behavior and marketing communication.
You’re just as bad as the people that thought 1/3 pound burger was smaller than a quarter pound, do you do any research before you run your mouth off?
When betting on the intelligence of the American people, I don’t, it was for that reason, you searched specifically for myth so that’s kind of cheating
I rather have that than the prices excluding tax
If this is a US restaurant, those prices still don’t include tax.
Yeah, but that is the US and my point still stands.
Can also be in Canada and the tax would be excluded
Wasn’t trying to argue any points. Just commenting on the shitiness of the situation.
Is the tax also semi-random in Canada?
That I don't know, but they also show prices excluding sales tax. Some online stores even do that when they are selling to Europeans and they are required to include the VAT (we also can't know if they have to pay VAT or not)
or tip. more than tax
It still works on people, so probably never.
Unless there's a real term for this, "functional math illiteracy" is a thing. If people can get by with reading a 5th-grade level, they absolutely can get by with calculating at a 2nd or 3rd-grade level. Rounding, fractions, multiplication, are probably out of reach for more people than you think. Nevermind how interest works, which is downright dangerous to not understand in our society.
I once knew someone with dyscalculia, which is way worse than all that, and they worked behind a cash register for a living.
I'm just waiting for the US to join the rest of the world in including tax in the price.
Someone on Reddit said taxes in the US is more complicated. Some people have senior discounts, business can buy things tax free, and veterans have military discounts. Tons of upvotes.
This is stupid considering a lot of countries have the same discounts and they just subtract those things from the listed price.
The only reason why I can think of why the US does this is so when they compare prices to other states or other countries, they can trick people that it's the same price.
LOL, that someone was wrong. It's probably because sales tax varies by state, county and even city. Also, people are stupid and will blame the store for higher prices than the one in the next town over.
And when you ask a store what the tax rate is, they'll look at you like you asked if you could fuck their mom (at least it was my personal experience the first 3 times, didn't bother after that).
Over here in Sweden, VAT (sales tax) applies to private consumption, while businesses can buy without VAT applied (I assume that applies to most of EU and probably USA too?). So when you're buying stuff from companies that sell both to consumers and to other companies you'll often set both prices listed, base price without VAT and with VAT included.
That'd be nice, a number of places do, but it isn't mandated. I also liked it when places did their prices so the totals would come to a quarter. So a total couldn't come out to be anything other than 10.25 or something, so you never had to deal with change outside quarters.
I really hope the US discontinues the penny. Might curb this. Probably won't because marketing works...
didn't change anything in Canada. places still price to x.95
when I find a restaurant that actually prices to a flat dollar and is decent, they become a favourite
Just coinage in general. It's so fucking useless. Like. I can see keeping quarters for infrastructure reasons. But those washing machines will die someday not too far off.
Make bigger coins. Toonies are still useful.
When humans become less stupiderer.