Which best describes how consequences are different from costs when making a decision?
consequences are generally positive.
consequences are generally negative.
consequences require giving something up.
consequences require accepting an outcome.

The correct answer is Consequences requiree accepting an outcome.

The first two statements are incorrect, as consequences are really dependent on the person/situation. Some individuals may have an overwhelming amount of good consequences while others may receive almost exclusively negative consequences.

The third statement is incorrect because this option defines what a cost is. This is why only the fourth statement can be correct, as consequences are a result of a certain action that has already taken place.

demand is the need and oportunity to buy a given good or service.