Q1.
scarcity
Resoures
Time
workers
Hard to find workers willing to
work for unexperienced employer
milk
In high demand
= Future lack likely
equipments
money
high production cost due to the increase in price of milk
Income
Interest
Qualification
Opportunity cost
continue to study in the university
lesser working experiences
giving up of passion and love for setting up a yoghurt icecream stall
setting up a yoghurt stall
fewer job opportunities in the future
lesser salary