Value and cost

A chair might cost $10 to make but because of the styles, designs, and demand for chairs they could range from $10 to $5,000 or more. We, in the Western Hemisphere, value chairs for comfort. The Absurdists might say that chairs have little value, but we assign a lot of value to chairs because of our desire for comfort and style. What are some of the symbolic meanings assigned to chairs such as the power given to a chairman of a board of directors, etc.?

QUESTIONS:

1. Of what value is a chair?
2. What are some meanings that are assigned to chairs?
3. Of what value is time?
4. What meanings does Western society assign to time?

Sample Solution