LogFAQs > #977284842

SinisterSlay posted...

I mean we're at a point that dollar might as well be the lowest amount.

Selling for 1.50? Why not double the package, change $3, and save the planet by cutting your packing nearly in half. The shrinkflation is the opposite we should be doing. Right now they are just filling the packaging half way to trick you into thinking it's the same amount.

Nah, a dollar goes too far. Pricing an item at $2.50 instead of $2 or $3 is a meaningful choice. It might not affect consumers all that much (see: my calculation that rounding normally would reduce my expenses by ~0.016%), but for retailers selling hundreds or thousands of those items 20% more/less is a very big deal (more than the entire profit margin, in many cases). It also messes with sales tax, since any base price close to an even dollar would very often get rounded back down to that dollar and wipe out the tax on cheaper items.