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Ok, online econ nerds, explain this one… why is Banana Republic touting the fact that they’ve increased the price on a black dress. Usually you see the slash through the old price, when there’s been a cut. But an increase? What’s up? (via Megan McArdle)

Ok, online econ nerds, explain this one… why is Banana Republic touting the fact that they’ve increased the price on a black dress. Usually you see the slash through the old price, when there’s been a cut. But an increase? What’s up? (via Megan McArdle)