the first step in understanding the costs and benefits of a decision is\nidentifying possible…
the first step in understanding the costs and benefits of a decision is\nidentifying possible outcomes.\ndetermining all costs and benefits.\nidentifying possible benefits.\ncalculating the costs of all options.
Answer
Brief Explanations:
To understand costs and benefits of a decision, one must first know what can happen. Identifying possible outcomes provides a basis for determining costs and benefits. Other options are later - stage steps.
Answer:
identifying possible outcomes.