Kyle grandmother gave him 20.00 for his birthday he wants to buy a video game that cost $14 he also wants to join friends for a pizza party that cost $10 to attend if he decides to buy the video game what is the opportunity cost of his decision? Answer choices the 20 from his grandmother, spending time with his friends at the party, the $14 price on the video game, saving the leftover $10 after he goes to the party
The opportunity cost of Kyle's decision to buy the video game is spending time with his friends at the party. By choosing to buy the video game, Kyle is giving up the opportunity to attend the pizza party with his friends.
