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Photo Essay Project
Alyssa Likness
August 14, 2013
Restaurant
Restaurant
 Goods and services:
- Food
- Beverages
- Counter Service
 Factors of production:
- Building
- Bread
- Utensils/plates and bowls
- Tables/chairs
- Cashiers
- Cooks
- Manager
- Ovens
 Opportunity Cost:
- Money it takes to buy a meal could be put towards
gas.
 Trade Off:
- Starting a family
Grocery Store
Grocery Store
 Goods and services:
- Food
- Ingredients
- Kitchen supplies
- Pharmacy
- Personal hygiene supplies (toothpaste, toothbrush, soap, band
aids, etc.)
- Pharmacy
 Factors of production:
- Building
- Food products (produce, dairy products, boxed items, etc.)
- Managers
- Cashiers
- Pharmacists
- Cash registers
- Freezers
- Carts
 Opportunity cost:
- Time spent shopping could be spent at home or at work.
 Trade off:
- Less time with family
Gas Station
Gas Station
 Goods and services:
- Gasoline
- Snacks
- Bathroom
 Factors of production:
- Gas pumps
- Building
- Corner lot
- Attendant
- Manager
 Opportunity cost:
- Carpooling with a friend
 Trade off:
- Going to college
Clothing Store
Clothing Store
 Goods and services:
- Clothes
- Accessories
 Factors of production:
- Building
- Manager
- Cashiers
- Mannequins
- Clothes
 Opportunity cost:
- Money spent at the store could be saved and
put towards college tuition.
 Trade off:
- Starting own business
Car Wash
Car Wash
 Good and services:
- Washing car
- Cleaning inside car (vacuuming)
 Factors of production:
- Building
- Soap
- Water
- Rags
- Vacuums
- Workers
 Opportunity cost:
- Washing car at home to save money
 Trade off:
- Less vacation time during the summer

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Photo essay project

  • 1. Photo Essay Project Alyssa Likness August 14, 2013
  • 3. Restaurant Goods and services: - Food - Beverages - Counter Service Factors of production: - Building - Bread - Utensils/plates and bowls - Tables/chairs - Cashiers - Cooks - Manager - Ovens Opportunity Cost: - Money it takes to buy a meal could be put towards gas. Trade Off: - Starting a family
  • 5. Grocery Store Goods and services: - Food - Ingredients - Kitchen supplies - Pharmacy - Personal hygiene supplies (toothpaste, toothbrush, soap, band aids, etc.) - Pharmacy Factors of production: - Building - Food products (produce, dairy products, boxed items, etc.) - Managers - Cashiers - Pharmacists - Cash registers - Freezers - Carts Opportunity cost: - Time spent shopping could be spent at home or at work. Trade off: - Less time with family
  • 7. Gas Station Goods and services: - Gasoline - Snacks - Bathroom Factors of production: - Gas pumps - Building - Corner lot - Attendant - Manager Opportunity cost: - Carpooling with a friend Trade off: - Going to college
  • 9. Clothing Store Goods and services: - Clothes - Accessories Factors of production: - Building - Manager - Cashiers - Mannequins - Clothes Opportunity cost: - Money spent at the store could be saved and put towards college tuition. Trade off: - Starting own business
  • 11. Car Wash Good and services: - Washing car - Cleaning inside car (vacuuming) Factors of production: - Building - Soap - Water - Rags - Vacuums - Workers Opportunity cost: - Washing car at home to save money Trade off: - Less vacation time during the summer