grocery shrink ray
Here's a fun little mystery for you guys. How can taking away 4 oz of coffee produce more cups of coffee? We've been thinking about it ever since
Blueprint for Financial Prosperity sent us this photo the other day, and we just can't figure it out. Could it be magic? Some strange new property of the Grocery Shrink Ray?
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target
Dan can do math in his head, which is a great skill these days when you're checking out the
n objects for x price! specials at Target. In this case, Dan notes that the "temporary price cut" is so temporary that it doesn't even exist: you'll pay 13 cents more per box if you buy three of them. This is the third
Target "special" we've seen this month that
screws the consumer. Are we seeing a new trend? Is it legal to call it a price cut if it's not?
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psychology
The New York Times has an interesting series of tests and explanations that show why and how the human brain makes errors in estimating probability—and consequently,
why we get suckered even if we think we're overall pretty smart. To start things off,
play the Times' online version of the "Let's Make a Deal" game, where you pick one of three doors, then you can read up on how it works. The game brought in a bunch of reader responses (and arguments), so the author, John Tierney, offered a
few more thought experiments you can try if you need something to keep you distracted from your job. In today's column, Tierney talks about why so many people naturally make errors with probability and gets
a plain-English explanation from a couple of marketing and psychology experts.
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fast food
If you're planning on buying some Hot Wings from KFC in Colorado Springs, Colorado, your cheapest option is to buy them in sets of six no matter how many you want. KFC charges you slightly more per wing as you buy more—"Guess they just hope nobody's good at quick math," our reader Jay writes.
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math
If you've ever stood at the grocery store trying to figure out if it was a better deal to buy two smaller pizzas or one larger pizza, this story is for you. What happens when a personal finance blogger gets offered two 8" pizzas instead of one 12"? Geometry! From The Binary Dollar:
After doing some quick mental math (area of a circle = pi*radius
. Two 8
pizzas = 2*pi*(4)
= 32*pi square inches, One 12
pizza = pi*(6)
= 36*pi square inches), I told her we'd be missing out on over 12 square inches of pizza, so we'd rather just have the one 12
pizza. She complied, and as a nice bonus (probably because she was impressed by my quick geometry skills), she let us have the extra 8
pizza anyways. Score one for geometry!
We doubt the part about the waitress being impressed by geometry skills, but the rest of it sounds about right.
—MEGHANN MARCO
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cellphones
Verizon and other cellphone companies mark up the cost of text messages by at least 7314% when compared to their rates for data transfer services.
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dell
Dell's Customer Advocate just wrote us to let us know that the receipt sent in by reader Jonathan was the result of a website glitch and provides her contact information to anyone else experiencing problems with Dell's site:
I work for Dell headquarters in Round Rock, TX and would like to provide assistance. Though this circumstance is not very common, this error may have occurred when our weekly promotions are being updated and refreshed to the website. Please be assured, our online marketing team is very engaged when issues like these arise and work fast to fix the error. I appreciate the concern you have noted and will forward this information to our website team as feedback. If you have any other readers who have encountered this error and is it being incorrectly reflected on their order, please contact me directly. Send your order number to customer_advocate [at] dell [dot] com. Thanks and have a great day!
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readers
Reader Jonathan sends us a screenshot from Dell with the message, "Dell needs a new calculator." The receipt from Dell lists the "unit price" of a laptop at $1710.00, then at the bottom shows a discount of $386 dollars...resulting in a "subtotal" of $1549.
Either their math is wrong, or this is the worst receipt ever. Where did the extra $161 come from? Shouldn't that sort of thing be clearly marked?
—MEGHANN MARCO
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verizon
It only took them five days, but somehow it got through to Verizon that they were wrong. They issued
George an official apology letter and promised to teach their reps the difference between dollars and cents.
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