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by em-bee
835 days ago
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not quite. sunk cost implies that the cost, despite not creating any returns, is to high to throw it away. sure, if i have no job, and i am broke, then almost anything else will do. however, switching into a new line of work is only feasible if it does not require years before i can earn enough to feed my family. as long as there is a chance at finding a job with my current skills, that pays enough, taking on such a risk doesn't make sense, unless i can actually afford doing so. in any other case my energy is better spent looking for jobs doing what i already know, where i can earn enough. |
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