2 ms·
Yes, the "Mill" discussion looks to be totally irrelevant. [1] and [2] seem to back up my claim that, at least in modern times, it's purely a "just-below pricin
by ryandrake 1y ago
Yes, the "Mill" discussion looks to be totally irrelevant. [1] and [2] seem to back up my claim that, at least in modern times, it's purely a "just-below pricing" psychological trick and has nothing to do with the Mill unit.
$4.999 looks a lot smaller than $5.00 to everyday people and it makes the gas company more money than $4.99. That's all there is to it.
1: https://www.cbsnews.com/minnesota/news/why-do-gas-prices-always-end-in-nine-tenths-of-a-cent https://www.cbsnews.com/minnesota/news/why-do-gas-prices-alw...
2. https://www.cnn.com/2022/06/14/energy/why-gas-prices-fraction-of-a-cent https://www.cnn.com/2022/06/14/energy/why-gas-prices-fractio...