This lesson is about personal decision-making. Choices are inevitable because resources are limited. Every choice involves an opportunity cost.
Alternatives are the different options one has to satisfy a want or manage a problem.
It results from the imbalance between relatively unlimited wants and the limited productive resources available for satisfying those wants. The price of a good or service reflects its scarcity. There is an opportunity cost to every choice. Help Malcolm evaluate his alternatives. Help Malcolm discover his choice and opportunity cost .