Suppose Jeffrey decides to bake chocolate muffins. Which result would be a cost?
Jeffrey will give up some muffins. He could have made more pumpkin muffins than chocolate muffins. Jeffrey will get to eat chocolate muffins. He thinks chocolate muffins are tastier than pumpkin muffins.
Jeffrey is deciding whether to bake chocolate muffins or pumpkin muffins. He wants the muffins to be tasty. But he also wants to make a lot of muffins.
Before you decide to do something, it is often helpful to list costs and benefits.
Costs are what you give up or spend when you decide to do something. Costs involve giving up things that you want or need.
Benefits are what you gain or save when you decide to do something. Benefits involve gaining something that you want or need.
This result is a cost. It involves giving up or spending something that Jeffrey wants or needs:
Jeffrey will give up some muffins. He could have made more pumpkin muffins than chocolate muffins.