2. Garrard Construction Company
Goods and Services
Occasional residential work
Full time commercial building
As well as business restoration
And commercial remodels
Factors of Production
Laborers
Project managers/superintendents
Building of the main office
All business and building supplies
Opportunity cost
To work efficiently at a job site
Trade Off
The business owner endured many years of
college and endured the hardships of opening a
new business
3. Johnny’s Pizza
Goods and services
New York style Pizza
Calzones
Subs
Salads
Factors of Production
Cooks and waitresses
Ingredients
Brick Oven
Opportunity cost
Driving to work and perform the job assigned
Trade Off
The owner started the business due to business
education from the college she attended.
4. Jeep Hut
Goods and Services
Jeep Parts
Jeep Accessories
Part and accessory installation
Factors of Production
Certified mechanics
Jeep hut building
Tools for car use
Opportunity Cost
Having to work on a jeep for more than what
was expected
Trade off
Learning everything there is to know about
jeep mechanics
5. Deb’s Bakery
Goods and Services
baked goods
Sandwiches
Ice cream
Factors of Production
Bakers
Desirable product
Ovens and ingredients for the goods
Opportunity cost
Not selling all of the product before it goes
bad
Trade Off
The Company owner temporarily closed the
bakery because of not paying taxes for
6. Ingles Grocery Store
Goods and services
High selection of groceries
Factors of Production
Cashiers and baggers
Groceries of all sorts
The Grocery store itself
Opportunity Cost
Not being able to sell all of the product
Trade Off
Learn the job assigned and perform it
