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”
Religion generates “power” through its architectural design. This spatial design instills power independent of external influences. In churches, pews confine movement, making the congregation face the priest in the pulpit. “Power” emerges when many individuals focus their attention on a single entity. Limiting church services due to the COVID-19 crisis is more than just a financial setback for the Church; it indicates a significant shift in religious authority. Islam addressed spatial concerns not by modifying architecture but by ensuring prayers are directed appropriately at scheduled times. Regulations also contribute to the establishment of power. - Joseph’s “just my thoughts”