Now that you are familiar with scarcity, choice, and opportunity cost, let's use this knowledge to tackle an important decision. Think of a current dilemma in your life where you need to make a choice. Perhaps you are considering which college applications to fill out. Maybe you are thinking about whether to get a part-time job. Or you may have a research paper due Monday and you are not sure whether Friday's party will fit into your plans. The possibilities are limitless. Think about your dilemma in the form of a "yes" or "no" question. For example, "Should I get a part-time job?"