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Question
pedro is deciding between two pairs of shoes. one is teal and the other is yellow. he wants to like how the shoes look. but he also wants them to be comfortable and affordable. suppose pedro decides to buy the yellow shoes. sort the results of this decision below into costs and benefits. pedro will lose out on some comfort. he thinks the yellow shoes are less comfortable than the teal shoes. pedro wont get to wear the teal shoes. teal is his favorite color, so he thought the teal shoes looked really good. pedro will save some money. the yellow shoes are less expensive than the teal shoes. pedro thinks the yellow shoes will look pretty good. costs benefits
Costs:
- Pedro will lose out on some comfort. He thinks the yellow shoes are less comfortable than the teal shoes.
- Pedro won't get to wear the teal shoes. Teal is his favorite color, so he thought the teal shoes looked really good.
Benefits:
- Pedro will save some money. The yellow shoes are less expensive than the teal shoes.
- Pedro thinks the yellow shoes will look pretty good.
Costs are the negative aspects or what is given up in a decision. Here, losing comfort and not getting to wear the preferred teal shoes are costs. Benefits are the positive outcomes, like saving money and being satisfied with the look of the yellow shoes.
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Costs are the negative aspects or what is given up in a decision. Here, losing comfort and not getting to wear the preferred teal shoes are costs. Benefits are the positive outcomes, like saving money and being satisfied with the look of the yellow shoes.