photo essay economics
TRANSCRIPT
PHOTO ESSAY: GOODS AND SERVICES IN MY COMMUNITY
By: Khara Bang
Chick-fil-a (Restaurant) ◦ Goods and Service
- Food
- Beverages
- Counter and Drive thru service
- Playground
◦ Factors of production
- Manager
- Making the drinks
- Taking orders
- Sinks
◦ Opportunity Costs
- Eating at home
◦ Trade Offs
- The employees could of spent time with their friends instead of working.
California Pizza Kitchen (Restaurant) ◦ Goods and Services
- Pizza
- Food
- Beverages
- Waiters/Waitresses
- Dessert
◦ Factors of Production
- Oven
- Manager
- Kitchen
- Wait staff
◦ Opportunity Costs
- Eating at home
◦ Trade offs
- The manager could be going on a vacation instead of working.
SunTrust (Bank) ◦ Goods and Services
- Money Services
- ATM
- Depositing Checks
- Withdrawing Money
◦ Factors of Production
- Bank Teller
- Building
- ATM
- Safes
◦ Opportunity Costs
- Find a store that has ATMs or that cashes checks.
◦ Trade Offs
- Bank teller missed watching a basketball game with friends.
Auto Gallery (Car Dealership)◦ Goods and
Services
- Sells Car
- Lease Cars
◦ Factors of Production
- Building
- Car sellers
- Tow Truck to move cars
- Lot space
◦ Opportunity Costs
- Taking an Uber
◦ Trade Offs
- The owner delayed getting a new house to start the business
Studio Movie Grill (Movie Theater)
◦ Goods and Services
- Movies
- Popcorn
- Food
- Beverages
◦ Factors of Production
- Building
- Waiters/Waitresses
- Seating
◦ Opportunity Costs
- Watching a movie at home
◦ Trade Offs
- Owner could be spending time with his or her family.