There is no reason why a piece of design that took a great deal of time and money to be made and cannot be manufactured industrially should not command a hefty price.
Amanda Levete, designer, on the once popular term designart, which curators and collectors used to describe “works that purportedly bridged the traditional division between the function of design and the personal expression of art.” [Is This Art? Or Just Really Expensive Furniture? | WSJ ]