3 ms·
...until someone else comes along and offers .7 : ) so the race to the bottom begins
by twelve40 5y ago
...until someone else comes along and offers .7 : ) so the race to the bottom begins
- hmate9 5y agoIt’s not a race to the bottom because what Asda is doing is pricing it 175.8 when others price it 174.9
- Mordisquitos 5y agoI assumed they meant a race to the bottom in terms of decimal digits only. Another petrol station could price it at 175.7, or maybe even 176.7 if the illusion of being cheaper than ASDA still works.
- Mordisquitos 5y agoAnd, once the race to the bottom reaches .0, the petrol station operator that stuck to .9 is back in the lead, again regardless of the significant digits! It would be a bit of a retail version of the Shepard tone: https://en.wikipedia.org/wiki/Shepard_tone https://en.wikipedia.org/wiki/Shepard_tone
- munchenphile 5y agohttps://m.youtube.com/watch?v=rnso4nfdM9w https://m.youtube.com/watch?v=rnso4nfdM9w
- andrewaylett 4y agoAsda in Arbroath was .7 when I went past the other day.