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steanne 3 hours ago

i would think chanel quilts would sell very well

nine_k 3 hours ago | parent [-]

But what do you do with unsold Chanel quilts?

otterley 3 hours ago | parent | next [-]

Turn them into insulation! This is what happens with old denim jeans: https://www.henry.com/residential/products/insulation/denim-...

onionisafruit 2 hours ago | parent [-]

Chanel; the ultimate luxury insulation.

anigbrowl 2 hours ago | parent | prev [-]

Cut the price, this is basic microeconomics.

slaymaker1907 an hour ago | parent [-]

That is not what they should do according to microeconomics because luxury goods are Veblen goods. Decreasing price would lower demand, at least until they lowered it enough that it was no longer a Veblen good.

Basic microeconomics is just that: basic and thus an oversimplification.