Originally Posted by
tomato coupe
You're essentially arguing that product costs, and therefore product prices, depends only on labor cost. This is a simplistic idea that doesn't hold water.
No. It is that simple. Labor means work. We work to produce things, and we work to pay for them. How much something costs depends on how much work it takes to produce it, and how much we are paid depends on the amount of our labor. That varies depending on how much labor we performed to learn whatever skills necessary for our job, trade, or profession, and the demand for our particular line of work. Some things are too simple to easily comprehend.