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Is the cent being discontinued in 2015?
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<p>[QUOTE="-jeffB, post: 2010273, member: 27832"]Never going to happen. For evidence, look at any gas station's posted prices. It's been many decades since 1/10 cent was a significant fraction of the total price per gallon -- in fact, many years since <i>one</i> cent was a significant fraction of the price -- but Every. Single. Price still ends with "and 9/10".</p><p><br /></p><p>Actually, I'll take that back -- my local Kroger had a bug in their pump programming for a while so that, instead of the three cent per gallon discount I was supposed to get with my loyalty card, it gave 3.9 cents. Instead of (say) 3.669/gal, it would charge 3.660/gal. A trivial difference, as I argued above, but it <i>caught my attention</i>, and made me think of them first when I needed gas, even if I wasn't sure theirs was the very lowest price around.</p><p><br /></p><p>Psychology is more important than math when it comes to advertised prices. Coins may come and go, but the price increments they represent will live on.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2010273, member: 27832"]Never going to happen. For evidence, look at any gas station's posted prices. It's been many decades since 1/10 cent was a significant fraction of the total price per gallon -- in fact, many years since [I]one[/I] cent was a significant fraction of the price -- but Every. Single. Price still ends with "and 9/10". Actually, I'll take that back -- my local Kroger had a bug in their pump programming for a while so that, instead of the three cent per gallon discount I was supposed to get with my loyalty card, it gave 3.9 cents. Instead of (say) 3.669/gal, it would charge 3.660/gal. A trivial difference, as I argued above, but it [I]caught my attention[/I], and made me think of them first when I needed gas, even if I wasn't sure theirs was the very lowest price around. Psychology is more important than math when it comes to advertised prices. Coins may come and go, but the price increments they represent will live on.[/QUOTE]
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