2. When making a decision, are the costs and benefits equally important to you? Why or why

not? Based on your chart, explain which category, costs or benefits, would have the largest

impact on your decision?

2. When making a decision, are the costs and benefits equally important to you? Why or why not?

They are almost equally as important, because when taking a decision, both costs and benefits need to be taken into account. They should be assessed realistically.

Based on your chart, explain which category, costs or benefits, would have the largest impact on your decision?

Costs should always have a bit more weight when making a decision because costs tend to be more certain than benefits. Benefits are usually things that can be obtained only in the future, and only as long as certain preconditions are met, while costs always have to be incurred.