How long does it take you to make 12 dinner rolls?
- More than 15 min of work? Then 5.50 sounds OK to me.
- More than 30 min of work? Now 5.50 are a bargain!
The comment you replied to didn’t mention a specific rate, but in general, linking price to cost of production (including human time) makes a lot of sense. I don’t understand why the two comments before yours are getting downvoted.
It seems like nonsense because "How long would it take for you to acquire a dozen eggs? First, you have to buy chickens, wait for the eggs to hatch etc. Therefore, you should be okay with paying an amount at the rate you're getting paid for that amount of time."
Yeah, let's just throw basic economics principles out the window, shall we.