the first step in understanding the costs and benefits of a decision is identifying possible outcomes…

the first step in understanding the costs and benefits of a decision is identifying possible outcomes. identifying possible benefits. determining all costs and benefits. calculating 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 sets the stage for further analysis of benefits and costs.
Answer:
Identifying possible outcomes