Question

Each decision has something that you give up, called the _____ .

cost
benefit
want

Answer 1

cost is the right choice here

hope this helps!

Answer 2

Each decision has something that you give up, called the cost. It is very important in the decision making process to analyze the pros (the benefits of making a certain decision) and the cost (the drawback of that decision, what will you lose). This denotes the concept of trade-off in decision making.