Arnold Kim began blogging about Apple products during his fourth year of medical school. Kim's Website, MacRumors.com, became so successful that he decided to give up his medical career and work full time on his Website, despite the nearly $200,000 he had invested in his education. In making his decision, Kim decided to ignore the money and time he spent on his education. Economists would say that Kim made a
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hasty decision by not waiting to recoup his financial investment before giving up his medical career.
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rational decision to ignore these sunk costs.
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poor decision since he had already invested his time and money on his medical career.
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poor decision since doctors are in greater demand than bloggers.
Qualifications of Certified Medical Administrative Specialist
Medical assistant administering an injection.
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