Prices aren't a ratio. They're a reflection of what the seller will let an item go for and what a buyer will pay to purchase the item. They have very little to do with the cost of production (while those costs must be taken into account, it's only a small part of the price).
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4 pears are worth 1 dollar (4:1)
6 dollars are worth 2 sodas (6:2)
All prices are ratios like this. This ratio exists due to market dynamics between sellers and buyers (like you said) and can change over time. The cost of production is usually a factor but like you said, it isn't everything.
You both likely agree and are just looking at things from different perspectives.