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Photo Essay:
Thinking Like an Economist
Ashlyn Burr
Ms. Goodman
Economics
Target
•Goods and Service:
•Clothes
•Food
•Electronics
•Home appliances
•Living supplies

•Factors of Production:
•Equipment
•Land’
•Building
•Cashier
•Staff
•Stock needed

•Trade off:
•Hanging with friends.

•Opportunity Cost:
•Shopping at Walmart.
Romeo’s Pizza
•Goods and Service
•Pizza
•Drinks
•Restroom

•Factors of Production:
•Food
•land
•Tables & Chairs
•Staff
•Management
•Equipment

•Trade off:
•Opening up a pasta restaurant, and
spending time with children.

•Opportunity Cost:
•Eating at home.
Publix
•Goods and Service:
•Food
•Restroom
•Cleaning supplies
•Living supplies

•Factors of Production:
•Land
•Parking lot
•Building
•Staff
•Food
•Equipment

•Opportunity Cost:
•Farming your own food.

•Trade off:
•Getting a college education to
become a manager.
QT Service Station
•Goods and Service:
•Gas
•Snacks
•Restroom

•Factors of Production:
•Land
•Gas
•Pumps
•Cashiers
•Computers
•Food

• Opportunity Cost:
Riding a bike.

• Trade off:
•

Going to college and pursuing
your dreams.
Regal Cinemas
•Goods and Services:
Movies
Snacks
Games
Restroom

•Factors of Production:
•Land
•Food
•Games
•Employment
•Managers
•Computers
•Technology

•Opportunity Cost:
•Watching a movies from Redbox.

•Trade off:
•Opening up a spa.

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Photo essay

  • 1. Photo Essay: Thinking Like an Economist Ashlyn Burr Ms. Goodman Economics
  • 2. Target •Goods and Service: •Clothes •Food •Electronics •Home appliances •Living supplies •Factors of Production: •Equipment •Land’ •Building •Cashier •Staff •Stock needed •Trade off: •Hanging with friends. •Opportunity Cost: •Shopping at Walmart.
  • 3. Romeo’s Pizza •Goods and Service •Pizza •Drinks •Restroom •Factors of Production: •Food •land •Tables & Chairs •Staff •Management •Equipment •Trade off: •Opening up a pasta restaurant, and spending time with children. •Opportunity Cost: •Eating at home.
  • 4. Publix •Goods and Service: •Food •Restroom •Cleaning supplies •Living supplies •Factors of Production: •Land •Parking lot •Building •Staff •Food •Equipment •Opportunity Cost: •Farming your own food. •Trade off: •Getting a college education to become a manager.
  • 5. QT Service Station •Goods and Service: •Gas •Snacks •Restroom •Factors of Production: •Land •Gas •Pumps •Cashiers •Computers •Food • Opportunity Cost: Riding a bike. • Trade off: • Going to college and pursuing your dreams.
  • 6. Regal Cinemas •Goods and Services: Movies Snacks Games Restroom •Factors of Production: •Land •Food •Games •Employment •Managers •Computers •Technology •Opportunity Cost: •Watching a movies from Redbox. •Trade off: •Opening up a spa.