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”
We cannot drink water while being immersed in it for survival. Without assistance from the air, it is impossible to drink water. Water is a vital substance for humans, but its intake is only possible when air acts as a medium. What I possess and how I utilize it are very different matters. The same goes for relationships. What brings happiness in a relationship is more important than how close the relationship is. For humans, many situations are pointless if values exist in only one state. - Joseph’s “just my thoughts”