Sunday, January 30, 2011

[azgoekfb] Pricing on the 9s market failure

Pricing on the nines, e.g., $99.99, is a clear indication of market failure: what are the chances that the true perfect market equilibrium price really happens to end in 9?  How much are you being price-gouged from the market price?

Yet no one seems to notice, or mind.

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