Consumer Awareness And Use Of Unit Pricing

Consumer Awareness and Use of Unit Pricing

Consumer Awareness and Use of Unit Pricing (Classic Reprint)

Excerpt from Consumer Awareness and Use of Unit Pricing Unit pricing is the price per unit measure (quart, ounce, pound, etc.) of various products. Its use enables shoppers to compare prices between stated sizes and brands of products more easily. Unit prices for most grocery products are displayed beneath the items on small tags or on labels attached to the shelves. In the case of meat, poultry, and fish items, the label is placed directly on the package. Meat, poultry, and fish items have carried unit prices for years. Unit pricing for most other food and nonfood items is relatively new. Since its introduction in the late sixties, unit pricing has been voluntarily practiced by many grocery stores. Recently, however, eight States and six local jurisdictions have made unit pricing mandatory. 1/ Findings from earlier studies have pointed to limited consumer awareness of unit pricing. 2/ Lack of consumer education and few materials explaining the system to consumers mav have been major causes. Economist, National Economic Analysis Division, Economics, Statistics, and Cooperatives Service. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Consumer Awareness, Usage and Attitudes to Unit Pricing