Forum > Non-Gaming Discussion > Steel learns about the world: How things are priced.
Steel learns about the world: How things are priced.
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Wed, 21 Jul 2010 00:01:34
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I see this a lot, but have always forgotten to ask. Why are things priced like this:

$29.99

instead of rounding them up to $30?

Is there a financial/economics reason behind it? A psychological one?

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Wed, 21 Jul 2010 00:05:38
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I believe it is all psychological. $29.99 still sounds like a product in the 20's and not 30's. Plus they can advertise as "Under $30!"
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Wed, 21 Jul 2010 00:46:40
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Well, Jimmy, it goes something like this:

Once upon a time in a land called America, there was a fugly, fugly president by the name of Abraham Lincoln. Legend says he was soooo FUGLY he would do just about anything to take the attention off of his looks and to gain the approval of the people around him.

His fugliness motivated him to great heights. In one fell swoop, using his Emancipation Proclamation blog on Prez.Com, he not only freed all the slaves in America, but also eventually brought about the end of the Civil War! He thought to himself: "By these acts, I will be known and loved for all time!"

It was unfortunate that the first person he came across with news of his accomplishments, responded with the phrase: "Holy Moley!"

Now, Abe was infamously known for his legendary Moles, of which he was especially sensitive.

"HOLY... MOLEY?!" Abe screamed. "IS THIS SOME KIND OF JOKE?!"

...and he snapped!

"MOCK ME WILL YOU?! MAKE FUN OF MY MOLES WILL YOU?!"

He immediately called Washington on his cell-phone (The place, not the dude!): "I HEREBY ORDER YOU TO PUT MY 'UGLY' MOLEY MUG ON THE CHEAPEST, MOST ANNOYING PIECE OF CURRENCY WE CAN MINT!!"

...so they did!

Then, sitting on his presidential throne (his toilet), he came up with this idea: "I WILL MAKE IT SO THE PRICES IN AMERICA ARE NEVER, EVER A ROUND AMOUNT!! THOSE UNGRATEFUL MOTHER FUCKERS WILL BE STARING AT MY FACE, ENGRAVED IN COPPER FOR THE REST OF ETERNITY!!"

"MWAHAHAHA!!" he maniacally laughed!

"MWAHAHAHA!!" once more!

"MWAHAHAHA!!" a THIRD time!

...and so it was done!

_____________________

Hope that answers your question, Jimmy!

I'm Mr. History!

Thank You and Good Night!



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Wed, 21 Jul 2010 00:57:45
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LOL Thanks Mr. History!
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Wed, 21 Jul 2010 01:10:52
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...do you find something amusing, Mr. Attack...?!

DO. YOU?!

YOU WILL NOW SEE MY FACE IN YOUR THOUGHTS, DREAMS, AND NIGHTMARES!!

MWAHAHAHA!!

MWAHAHAHA!!

MWAHAHAHA!!
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Wed, 21 Jul 2010 01:16:42
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Wow is that really him? I though he had a more epic beard. 
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Wed, 21 Jul 2010 01:47:33
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You caught me, Jimmy! That was Abe in his younger, happier, more-carefree but grittier goatee days when he was in a grunge band with John Wilkes Booth, his co-vocalist and some say, jealous lover...



^ THIS is the Abe you're thinking of!



*Depicted here: John 'Dandy' Wilkes Booth*

He was totally envious of Abe's epic beard which he could NEVER grow!

___________________

Once again, I'm Mr. History!

Thank You!

...and Good Night!
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Wed, 21 Jul 2010 03:26:41
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Mr. History for the win!
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Wed, 21 Jul 2010 04:31:24
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Still a pretty disappointing beard. He's got big ears, though.
Dvader said:
Mr. History for the win!

QIA.

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Thu, 22 Jul 2010 13:29:34

Psychology. 

It makes us feel better. 

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