381–385 of 385 posts
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The majority of New Zealand petrol stations display the fractional cent too. Same in Australia from memory.
Oh I didn't know that. They don't do this is Canada. Fuel here is priced to the tenth of a cent (192.5 cents per litre), but it's not fixed to 9/10.
Apologies.
Earlier quoted context omitted.
> i can get an Asus ROG Zephyrus G14 for 300€ less in Bulgaria compared to France This is insane. What prevents grey market arbitrage? Why wouldn't hardware from the country where hardware is cheapest immediately get posted on the local equivalent of eBay in the country where it is most expensive? In any case I had no idea hardware margins were so squishy. For software, yes, profits are maximized by reducing unit pri…
> This is insane. What prevents grey market arbitrage? Why wouldn't hardware from the country where hardware is cheapest immediately get posted on the local equivalent of eBay in the country where it is most expensive? Few things - mostly support and localisation support (e.g. the keyboard layout is different in iirc literally every European country, and most people want their local layout they know).
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It's really the opposite, it's a form of price discrimination. There's a theory of surplus in economics, which is the extra benefit that someone gets from a transaction above what they would have been willing to pay. If I buy a game that I would have paid $100 for for $50, then I have a "$50" consumer surplus. One the other end, if the producer was willing to let that game sell as low as $40, then they have a produce…
>Now, you could call it subsidizing in that there are probably products that wouldn't be brought to market without the NA market to pay for them, but that's not really "subsidizing". That's every product ever made for profit by a developer in a 1st world country. It's still essentially subsidizing even if you don't like the optics of the word.
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> the tax rate on a single donut may be higher than the tax rate on a dozen donuts It’s even worse than that, which I learned unfortunately at a former employer. Two identically priced dresses could have different tax rates based on the formality of one vs the other, ie one being a simple LBD and the other being a sequined evening gown.
Does that apply to sales tax or import duties though? I’m not aware of any jurisdiction which has different sales tax rates for different types of clothing. Import duties are a whole other can of worms (in some cases, products are partially disassembled before crossing the border to lower the import duties and then reassembled after import).
I’ll have to ask someone as I’ve forgotten the specific jurisdiction, but yes, it was sales tax specifically. If memory serves, it was either a county or municipality sales tax I thought in one of the states of the United States, but I’ll see if I can confirm.
Edit:
Here’s one source:
https://www.avalara.com/blog/en/north-america/2020/02/how-to...
In that case, it’s statewide it seems for Pennsylvania. Clothing in general isn’t taxed, but formalwear is.
I know there are a lot more odd variations than just that.