economics in my community
TRANSCRIPT
ECONOMICS IN
MY
COMMUNITY
BY :
ET
HA
N B
EL L
QUICK TRIP
Goods and Services: Gas Snacks Cigarettes Household items
Factors of Production: Off of a main road Automatic Pumps Building Paving
Cashiers Managers Computers
Opportunity Costs:Higher gas prices
Trade Off: Less time with family
MCDONALDS
Goods and Services: Food Beverages
Factors of Production: Burgers Building Pavement Grills Fryers Sinks Employees Managers
Opportunity Cost: Eating at home
Trade Offs: Bachelors degree in Business
ALPHA BIKES
Goods and Services: Bikes Apparel Bike Repair
Factors of Production: Bikes Tools Employees Building Manager
Opportunity Cost: Lower prices on bikes
Trade Offs Higher salary
AMC
Goods and Services: Movies Food Beverages Arcade games
Factors of production: Popcorn machine Soda machine Movie equipment Employees
Manager Building
Opportunity cost: Sleep
Trade offs: Life savings to start business
ALPHARETTA OUTFITTERS
Goods and Services: Hiking Equipment Fishing Equipment Climbing Equipment Camping Equipment Apparel
Factors of Production: Building Gear Computers Employees
Manager
Opportunity Cost:Higher prices at other stores
Trade offs:Delayed college to start business
All Images were obtained from google Images