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Pet Store
• Goods and Services: Pet purchasing, Pet Grooming, Pet Training, Animal Products (food, cage, etc.), Pet toys
• Factors of Production: Cashiers, groomers, trainers, Manager, building, animals
• Opportunity Cost: Never have time for a personal pet• Trade Off: Can’t bring kids in to work because of cat
allergies
Taco Bell• Goods and Services: Provides cheap and fast food for breakfast, lunch, and dinner• Factors of Production: building, cashiers, cooks, kitchen, drive through area, manager,
food, ovens, sinks• Opportunity Cost: Open 24 hours- home late• Trade Off: Never eat dinner at home as a family
Hobby Lobby • Goods and Services: Provides art supplies and decoration for great prices
• Factors of Production: Building, art supplies, holiday decoration, cashiers, manager
• Opportunity Cost: Closed on Sunday- less pay
• Trade Off: Has less money to pay the bills
Family Dentistry
• Goods and Services: Provides Dental care and cleaning
• Factors of Production: Dentist, assistants, secretary, building, dental tools, x-ray equipment
• Opportunity Cost: Four extra years of dental school
• Trade Off: Didn’t have time to start a family
Great Clips
• Goods and Services: Provides hair cuts, grooming, and styling for all ages
• Factors of Production: Building, manager, cashier, hair cutters, scissors, heat related appliances, brooms, hair products
• Opportunity Cost: Cut Fingers• Trade Off: Misses Sunday morning church