Rejection Cost. From the perspective that my profit is someone else’s loss, and someone else’s profit is my loss, the fact that I have to reject an opportunity to make money for my circumstances is a loss for me and an act of giving someone else a profit. In other words, my added value is not determined solely by productivity but also by the marginal utility generated by the law of supply and demand. Therefore, my labor price should reflect the value that I have given up—the profit I could have gained. If the rejection cost is not included in my profit, I will be at a loss to that extent. Failing to account for rejection costs in production expenses is not wise, but foolish, because it risks my survival. There is no absolute value in this world. All economic values are relative. - Joseph’s “just my thoughts”
Until that incident, he felt at ease, but David’s suffering began after he had laid Goliath on the ground. To dream of success, one must pay a fair price. The reason for avoiding payment is that people either don’t know how to pay the price or fear that their own payment will be wasted. Calculate profits and losses later. The costs associated with success must be paid upfront. Gifts are typically given and received on birthdays or Christmas. Can’t we not live in this world solely as gifts?
- Joseph’s “just my thoughts”
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