In the context of opportunity cost analysis, which of the following best illustrates the trade-off between scarcity and long-term versus short-term planning?

Opportunity cost analysis helps us understand what we give up when we make a choice. Scarcity means that we have limited resources, like time and money, which forces us to make decisions about how to use them. For example, if you have a choice between spending your savings on a new video game now or saving that money for a bigger trip later, the opportunity cost of buying the game is the fun and experiences you would have on the trip. This situation shows the trade-off between enjoying something right now and making a plan for the future. By considering these choices carefully, we can make better decisions that align with our long-term goals.