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Question
leroy and his friends are deciding whether to order a pizza from varsity pizza or big slice pizza. they want to enjoy the pizza, but they are really hungry and want to get the pizza quickly. they also dont want to spend too much money on the pizza. suppose they decide to order from big slice pizza. sort the results of this decision below into costs and benefits. each person will save some money that he or she could have spent. varsity pizza is more expensive than big slice pizza. big slice pizza is farther away and will take more time to deliver the pizza. they will wait longer for the pizza. they wont get to eat the pizza from varsity pizza. that pizza is their favorite. they will get to eat the pizza from big slice pizza. they will enjoy that pizza a little bit.
To determine costs and benefits, we analyze each statement:
- Costs are negative outcomes or what is given up:
- "Big Slice Pizza is farther away and will take more time to deliver the pizza. They will wait longer for the pizza." (Time cost, waiting longer)
- "They won't get to eat the pizza from Varsity Pizza. That pizza is their favorite." (Giving up their favorite pizza)
- Benefits are positive outcomes or gains:
- "Each person will save some money that he or she could have spent. Varsity Pizza is more expensive than Big Slice Pizza." (Saving money)
- "They will get to eat the pizza from Big Slice Pizza. They will enjoy that pizza a little bit." (Getting to eat and enjoy the pizza)
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Costs:
- Big Slice Pizza is farther away and will take more time to deliver the pizza. They will wait longer for the pizza.
- They won't get to eat the pizza from Varsity Pizza. That pizza is their favorite.
Benefits:
- Each person will save some money that he or she could have spent. Varsity Pizza is more expensive than Big Slice Pizza.
- They will get to eat the pizza from Big Slice Pizza. They will enjoy that pizza a little bit.