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Grocery Store Trip Interactive!
Viet Nguyen
Created on November 16, 2023
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Transcript
Wait a minute! Both types of chips were from your favorite brand and the same price, yet one was slightly smaller! This is another trick corporations use; they slowly decrease the size of a product but keep the same price. This is known as shrinkflation and is used to avoid increasing prices to anger consumers, but still save costs for increased revenue.