I choose 5 businesses/services in my community and described their economic details.

1. Photo Essay Project:
Thinking Like An Economist
Ashley Ansley
Mr. Walker
GAVS Economics
24 September 2014

2. Hibbett Sports Store
 Goods and services
 Sports Apparel ( i.e. shoes, clothes)
 Sports Equipment
 Factors of Production
 Building
 Cashiers
 Manager
 Employees
 Cash Register
 Opportunity Cost
 A customer could’ve gone to the hair
salon instead.
 Trade Off
 The owner could’ve invested in a radio
station instead.
http://www.hibbett.com/jobs/

3. Kroger Grocery Store
 Goods and Services
 Food
 Pharmacy
 Factors of Production
 Building
 Pavement for the Parking Lot
 Cash Registers
 Employees (i.e. Cashiers, Cooks,
Pharmacy Technicians, Managers)
 Medicines
 Food
 Opportunity Costs
 A customer could be shopping at
Publix.
 Trade Offs
 An employee could be at school
instead of at work.
http://www.miheadlines.com/201
4/05/03/michigan-kroger-stores-double-
coupon-policy/

4. Taxi
 Goods and Services
 Transportation
 Factors of Production
 Car
 Gas
 Taxi Driver
 Tires
 Mile Calculating Device
 Opportunity Costs
 Taking a crowded, public bus.
 Trade Offs
 The taxi driver could be enjoying a
date with their spouse instead.
http://austintaxidriver.org/201
4/06/uber-and-the-failing-taxi-
system/

5. Six Flags Over Georgia
 Goods and Services
 Amusement Rides
 Live Cartoon Shows
 Theme Park Apparel (i.e. T-Shirts,
Souvenir Cups)
 Factors of Production
 Metal to Build the Rides
 Ride Operators
 Huge Space/Land to Build It On
 Cement/Pavement
 Employees
 Opportunity Costs
 A customer could’ve gone to Dixie
Land instead.
 Trade Offs
 A manager could be at home sleeping
in rather than working.
http://themeparksushi.com/six-flags-
georgia-page-8/

6. Landscaping Business
 Goods and Services
 Lawn Mowing
 Weed Spraying
 Cutting the Hedges
 Planting Flowers
 Factors of Production
 Lawn Mowers
 Truck to Bring the Equipment to and From
Places
 Employees to Do the Lawn Work.
 Hedge Cutters
 Flowers
 Weed Spray
 Owner/Entrepreneur
 Opportunity Costs
 The customer could’ve cut their own grass.
 Trade Offs
 A worker could be going to college instead.
http://spseoandwebmarketing.
com/home-2/