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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.
The debut cookbook from the Saveur blog award-winning Internet expert on making eating cheap dependably delicious As a college grad during the recent great recession, Beth Moncel found herself, like so many others, broke. Unwilling to sacrifice eating healthy and well—and armed with a degree in nutritional science—Beth began tracking her costs with obsessive precision, and soon cut her grocery bill in half. Eager to share her tips and recipes, she launched her blog, Budget Bytes. Soon the blog received millions of readers clamoring for more. Beth's eagerly awaited cookbook proves cutting back on cost does not mean cutting back on taste. Budget Bytes has more than 100 simple, healthy, and delicious recipes, including Greek Steak Tacos, Coconut Chicken Curry, Chorizo Sweet Potato Enchilada, and Teriyaki Salmon with Sriracha Mayonnaise, to name a few. It also contains expert principles for saving in the kitchen—including how to combine inexpensive ingredients with expensive to ensure that you can still have that steak you’re craving, and information to help anyone get acquainted with his or her kitchen and get maximum use out of the freezer. Whether you’re urban or rural, vegan or paleo, Budget Bytes is guaranteed to delight both the palate and the pocketbook.
Unit Pricing Regulation (UPR) was introduced to help consumers make more informed decisions by displaying unit prices in addition to product prices. Despite extensive research on UPR effects on consumers' perceptions and decisions, much less is known about the impacts on retail stores' price and non-price responses under intensified price competition brought by UPR. Relying on the geographic variation in UPR implementation across states, we identify UPR impacts on the store's product offerings and pricing. Results show that mass merchandizers remove products without changing prices, whereas grocery stores without same-chain peer stores not under UPR add brands and charge higher prices on average. Using a structural demand model, we find that, on average, consumer welfare falls for both retail formats, highlighting an unintended policy effect.
Archival snapshot of entire looseleaf Code of Massachusetts Regulations held by the Social Law Library of Massachusetts as of January 2020.