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Economics Vocabulary

Rob has to decide between buying a new bike or a new video game. Rob has to make an -
Things you would like to have but do not need to live.
What is given up because you chose to do something else.
Miguel has to choose between going to the movies or the baseball game. He chooses to go to the movies. What is Miguel's opportunity cost?
Something you have to have to live.
Choosing the option that has the most benefits for you.
Which item is a need: water to drink or new Nike tennis shoes?
Which item is a want: food for dinner or a toy?
Kayla has to decide between bubble gum or a candy bar. She chooses the candy bar. What is Kayla's opportunity cost?