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Psychological pricing (also price ending, charm pricing) is a pricing/marketing strategy based on the theory that certain prices have a psychological impact. The retail prices are often expressed as "odd prices": a little less than a round number, e.g. $19.99 or Â£2.98. Consumers tend to perceive "odd prices" as being significantly lower than they actually are, tending to round to the next lowest monetary unit. Thus, prices such as $1.99 are associated with spending $1 rather than $2. The theory that drives this is that lower pricing such as this institutes greater demand than if consumers were perfectly rational. Psychological pricing is one cause of price points.

Q: Why are prices not rounded off?

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To the nearest hundredths place 30.9199 is rounded off to 30.92. To the nearest tenth place 30.9199 is rounded off to 30.9. To the nearest ones 30.9199 is rounded off to 31. To the nearest tens 30.9199 is rounded off to 30. To the nearest hundreds 30.9199 is rounded off to 0.

8.995 rounded off to the nearest integer is 9

999 of them.

4,081 rounded off to the nearest thousandths = 4,081.000

When rounded to the nearest tenth the answer is 9.1

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gas.1sta.com For the same reason that items in stores are not rounded to the nearest dollar.

Rounded off to the nearest ones is 775, rounded off to the nearest tens is 780, rounded off to the nearest one hundreds is 800.

To the nearest hundredths place 30.9199 is rounded off to 30.92. To the nearest tenth place 30.9199 is rounded off to 30.9. To the nearest ones 30.9199 is rounded off to 31. To the nearest tens 30.9199 is rounded off to 30. To the nearest hundreds 30.9199 is rounded off to 0.

7,120 is rounded off to the nearest ones and tens.

8.995 rounded off to the nearest integer is 9

Ten integers can be rounded off to 280. An infinite number of numbers can be rounded off to 280.

16 is rounded to 20 if rounded to the ten's digit.

9.075 rounded off to the nearest hundredths is 9.08

121,580 rounded off to the nearest thousands is 122,000

64,800 rounded off to the nearest thousands is 65,000

89.2857142857 rounded off to the nearest cent is 89.29

Rounded off to the nearest whole number it is 92