Do colors exist? What exactly is a color? In an ideal world, all colors would be true. That is, nothing more would be true than this. It is almost hard to imagine the number of problems this can cause.
However, no color exists, and we can construct fake color schemes, or color mixing schemes, to resolve the situation. The real problem with color is that the electromagnetic spectrum is deeply involved, involving colors of wavelengths that cannot be perceived.
Each wavelength of light falls off as it travels through a material. If you take a fiberglass prism, it becomes smaller as it moves towards the blue end of the spectrum. This is because each wavelength has less color in it as it moves to the far red end.