Read the scenario below and answer the question that follows:
John has two more hours left before he has to go to bed. John would like to use that time
playing in a basketball game with some of his friends, but he also has some important
homework to get done for his Economics class that is due tomorrow. John chooses to stay
inside and finish his Economics homework.
Which of the following correctly identifies the opportunity cost of the scenario
above?
Basketball game with friends
Economics homework
Time
O Two hours