New tab Q sophia - Search X Low Cost Online C https://app.sophia.org/spcc/microeconomics-3-milestone-1-1/6 UNIT 1 MILESTONE 1 - Question 6 You decide to do a cost-benefit analysis for an important decision. 2 3 4 5 6 7 O Mark this question H What is the first step you should follow when conducting the basic cost-benefit analysis? UN 1.1 I O Write down a list of costs and a list of benefits. Assign a monetary value to each of the benefits and costs. O Determine if the costs add up to more than the benefits and by how much. O Collect as much information as you can on all possible options. SAVE & CONTINUE Report an issue with this question 44F Cloudy W Q Search 1.3 1.2