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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

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Page 1: Econ powerpoint

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

Page 2: Econ powerpoint

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

Page 3: Econ powerpoint

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

Page 4: Econ powerpoint

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

Page 5: Econ powerpoint

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