This is a hand I played in a live 2-3 game.

Seat 1 is a loose aggressive player who will almost always bet if he has aggression and any piece of the board/draw (~350 in stack).
Seat 2 is a solid player but a bit of a calling station (~200 in stack).
I sit in seat 4 (~300 in stack).

Button is on seat 3. Action folds around to seat 1, who raises to 16. Seat 2 calls. Button folds and I look down at QdQh. I decide to call and try to trap seat 1 and possibly get some more out of seat 2 as well.

Flop: Ah Jh 5h

I check. Seat 1 leads out for 42. Seat 2 calls. I'm thinking seat 1 probably has something along the lines of a flush draw or pair and flush draw, while seat 2 most likely has an Ace. I know I have the odds for an easy call, but if the turn doesn't improve my hand seat 1 is almost certainly going to barrel again and I'd probably have to let my hand go. So at this point I'm thinking about folding or just shoving. After some debate I decide to let it go.

Would shoving have been better than a fold there? Was calling still an option?

Given that you "know" you have the odds there, I'd fold as well. Seems like a good idea.

i'd call

In a 2-3 live game I don't see why were not 3 betting pre 100% here, qs are not invincible and your just loosing value honestly. Standard fold on the flop.

i'm not folding second pair with the second nut flush draw getting these odds. definitely should have been a 3b pre tho agreed