2. Retail Store
• Goods and Services: Clothes,
Accessories, Intimates, Jewelry,
Shoes
• Factors of Production: Store, Lot
in shopping center, Cashiers,
Stylists, Manager, Computer
• Opportunity Cost: Shopping
somewhere closer and cheaper
• Trade Off: Saving money for
more important things
3. Hair Salon
• Goods and Services: Highlights,
Cutting, Deep Conditioning,
Perm, Extensions
• Factors of Production: Store, Lot
in shopping center or Self
Standing lot, Cashiers, Hair
Stylists, Cosmetologists Manager,
Computers, Appointment books
• Opportunity Cost: Cutting your
own hair
• Trade Off: Missing your
appointment and getting charged
a fee
4. Nail Salon
• Goods and Services: Acrylic
nails, gel nails, pedicure, manicure,
massage, waxing, eyebrows
• Factors of Production: Store, Lot
in shopping center, Cashiers, Nail
Technician , Manager, Computer,
Appointment book
• Opportunity Cost: Doing your
own nails
• Trade Off: They over charge you
for small add-ons
5. Sushi House
• Goods and Services: Sushi,
Hibachi, Fried Rice, Fish, Steak,
Shrimp, Salmon, eggs, white rice,
sushi rice, vegetables
• Factors of Production: Store, Lot
in shopping center or Self
Standing lot, Cashiers, Hibachi
Grills, Manager, Knives,
Computer
• Opportunity Cost: Eating at
home
• Trade Off: Food poisioning
6. School
• Goods and Services: Education,
Discipline
• Factors of Production:
Computers,Teachers, Principal,
Students, Paper, pens, pencils,
books
• Opportunity Cost: Online School
• Trade Off: dropping out and
amounting to nothing
7. School
• Goods and Services: Education,
Discipline
• Factors of Production:
Computers,Teachers, Principal,
Students, Paper, pens, pencils,
books
• Opportunity Cost: Online School
• Trade Off: dropping out and
amounting to nothing