Re:WiFi without internet on a Southwest flight
by ericjmorey on Thursday September 28, 2023 @05:07PM
(#37695859)
The 2 largest retailers on earth have discovered that the x.99 prices make you less money than pricing at x.99 plus some arbitrary number between .99 and .01.
That's basic price elasticity of demand and entirely unsurprising. When something costs 10% more, people buy less of it in general.
We also buy more things priced at $99.99 than at $100.00, which is more of the psychological trick than it is rational price elasticity.