The value of what is lost when picking one choice over another is known as: A. scarcity.
B. opportunity cost.
C. competition
D. economic motivation.

Option B (Opportunity cost) would be the correct approach.

Explanation:

Opportunity costs reflect the possible gains that are lost by a person, investor, but organization when selecting one option over the other and. A big principle in economics seems to be the theory of costs associated. Since they are unnoticed by design, if one is not vigilant, opportunity costs can be easily ignored. Understanding those possible missing opportunities foregone by preferring one expenditure over some other makes for better decision-making.

Some other approaches offered aren't connected to the condition given. So, the solution above is indeed the correct one.

1. antarctica2. saudi arabia

This type of energy is called radiant energy.