"After a run-up in metal prices, the U.S. Mint announces that its cost for producing a penny has risen to 1.73 cents, while that for a nickel has grown to 8.34 cents
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I'm working on how to make all prices round numbers. Would be so terrible to force pricing in stores so that the total, with tax, is a round number (or at least payable with quarters)?
"Customers looking at the Web site's product pages for Charlie and the Chocolate Factory and Planet of the Apes, for instance, are steered toward "similar items" such as Martin Luther King: I Have a Dream/Assassination of MLK and Unforgivable Blackness: The Rise and Fall of Jack Johnson."
I wouldn't mind the smallest denomination being the dime or even the quarter. They could keep the other stuff in circulation of they want, and just not make any more of it, like they did with half-cents in the past
Of course, the mint doesn't have to act, Business' can conspire to get rid of denominations of money.
Like in the case in England, they still circulate 1P and even 2P, but many of the large stores will round all prices down(or up) to £1, or to the 5p's if needed. The result is nothing but good.
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Step 2. ????
Step 3. PROFIT!!!
(actually there is no need for a step 2)
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Another step forward would be to include sales tax with the sticker price. (That would make it easier to make all prices round numbers, too.)
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"Customers looking at the Web site's product pages for Charlie and the Chocolate Factory and Planet of the Apes, for instance, are steered toward "similar items" such as Martin Luther King: I Have a Dream/Assassination of MLK and Unforgivable Blackness: The Rise and Fall of Jack Johnson."
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http://en.wikipedia.org/wiki/United_States_half_cent_coin
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Like in the case in England, they still circulate 1P and even 2P, but many of the large stores will round all prices down(or up) to £1, or to the 5p's if needed. The result is nothing but good.
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