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”
Love may appear as a sacrifice, but the sacrifice is not love. This is because we must determine whether there is a price behind the sacrifice. Doing good and right doesn't mean you don't get hurt. I get hurt because I'm alive. Therefore, to be afraid of being hurt or to avoid being hurt is the most cowardly act in life. - Joseph's "just my thoughts"