Opportunity cost is to economic decision-making as trade-off is to which of the following concepts?

Opportunity cost refers to what you give up when you choose one option over another in economic decision-making. Similarly, a trade-off represents the balance between two or more choices where gaining one thing means losing another. For example, if you decide to spend your time studying for a test instead of going out with friends, the trade-off is the fun you miss with your friends. Both concepts help us understand the choices we make and their consequences. Therefore, just as opportunity cost is about the value of the next best alternative, a trade-off is about the sacrifices we make when choosing between options.