. "of course prada bags are overpriced. but would you expect them not to be? prada is a luxury brand, the elasticity of the demand does not follow a regular commodity. prada can raise the prices of their bags by 200% and they will still make the same profit. they will still sell very many bags. if you can t grasp what a status commodity is, then don t bother. buy a normal bag and don t be something y" . . .