Question

Because costs an benefits are both subjective, a person’s decision will always be based on what

Answer 1

Step-by-step explanation:

Because costs and benefits are both subjective, a calculation of the value of a decision is always based on personal opinion. Answer: Value of information (VOI or VoI) is the amount a decision maker would be willing to pay for information prior to making a decision.

Answer 2

personal bias

a person's life and experience will always determine there decisions bceause subjective benefits and costs are subjective due to there own