Answer:
opportunity cost
Explanation:
Opportunity cost refers to the conditions where scarcity demands that one choice be chosen over another. It simply means that taking advantage of a situation means missing another opportunity. Although it is an economical term, now its sphere has been increased to different fields such as time, mechanical output, person-hours, etc.
As per the question, Kendrick taking the opportunity to watch T.V and missing another one (Gym) is a perfect example of opportunity cost.
