costs and benefits

What is a cost?

• the item you receive after you pay
• giving up one thing for another
• the amount of money paid for something

What is a benefit?

• the item you receive after you pay for it
• giving up one thing for another
• the amount of money paid for something

Does it take a long time to save up for expensive things?

• Yes
• No

Why might someone save up for an item?

• They have the money to buy it now
• It is expensive
• They don't like it

Do you understand what we learned today?

• yes

• no

• kind of