Opportunity Cost -- What Are You Giving Up?

Draw an emoji that best describes how you are doing today.

Benito is deciding between having a barbecue with his friends or going to the movies with his girlfriend. If he chooses to go to the barbecue, what is his opportunity cost?

• Enjoying some delicious food

• Watching a new Marvel movie with his girlfriend

Ana is at Lenox Mall and has $100 to spend. She is deciding between buying a pair of sneakers or a pair of jeans. If she decides to buy the jeans, what is her opportunity cost?

• A new pair of Nikes

• A new pair of jeans

• $100

José gets off work early and goes to the beach. During those two hours he can play soccer or take a nap. If he chooses to nap, what is his opportunity cost?

• Catching up on sleep

• Scoring a goal against his friends

Gina is really tired, but she has to be at her job at QuikTrip at 7:00 am. She is deciding between just going to work or faking sick. If she decides to call out, what is her opportunity cost?

• The money she would have earned at her job

• Catching up on sleep and her favorite Netflix show