Set up a yoghurt ice cream store after 'A' Levels Exam - PDG 2612 Group 4

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Economic Problem

door Jorge Otavo

monopoly

door Sophie Garza

factors of production

door Bryan Lu

University

door Christopher Carroll

QN1. Should I set up a yoghurt ice cream store after 'A' Levels Exam? - PDG 2612 Group 4

Choice

Has to be made, due to limited resources

Set up yoghurt ice-cream stall

Go to University

Scarcity

Resources

Money

Time

Opportunity cost

No

Foregone opportunity for adventure

Yes

Foregone career options