Kia Ora, I'm a playwright from New Zealand, and am currently researching some bits for a new play. Can someone tell me, is there an economic theory on the ACTUAL accumulated cost value on an item..
For example..
A chair. Considering the man hours and expenses that go into felling the tree, milling the tree, exporting the wood, storing the wood in a warehouse, designing the chair, the manufacturing of the chair, the purchase at a wholesalers, and on to a retailer, and on to the consumer who then buys the chair for...fifty dollars???
I wondered if there was a method to work out the theoretical cost behind things? Can anyone suggest any books or authors, or research starting points that you think might be useful?
Cheers!
r
