Nobody complained about the price increase

An absence of pushback after a price rise is data, but it supports at least four different readings, and they point in opposite directions.

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A business raises its prices by seven or eight per cent. The letters go out, the new rate card takes effect, and the owner braces for a fortnight of difficult conversations. Almost nothing happens. One customer asks a question and accepts the answer. Everyone else pays. The relief is real, and usually the wrong response. Silence is a genuine signal, but it is a low-resolution one, and it is consistent with situations that call for quite different next moves. Reading it as simple vindication is how a business raises prices…

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