Photo Essay: Thinking Like an EconomistBy Kaitlin Kitchens

Swim Atlanta (Recreational Business) Goods & Services- leisure

swimming, fitness, swim lessons

Factors of Production- building, pool, coaches, water, chlorine

Opportunity Cost- exercising at the gym or swimming at your neighborhood pool

Trade Off- might have trouble breathing from the high chlorine levels in the pool

Chicfila (Restaurant Business) Goods & Services- foods &

drinks Factors of Production-

building, fryers, tables, cooks, cashiers, sink, manager, register

Opportunity Cost- eating at McDonalds instead

Trade Offs- It’s farther away from your house than McDonalds is, so a farther drive.

Forever 21 (Retail Business) Goods & Services- clothes

& accessories Factors of Production-

rental space in the mall, clothes, racks, employees, dressing rooms, necklaces & earrings, cashier, manager

Opportunity Cost- wearing clothes you already own

Trade Off- cheap clothes rip easily

SkyZone (Recreational Business) Goods & Services- fitness,

fun, birthday parties Factors of Production-

building, trampolines, staff, cashier, manager

Opportunity Cost- jumping on trampoline in your backyard

Trade Off- possibility of getting injured

CVS (Pharmaceutical Business) Goods & Services-

medicine, pills, creams Factors of Production-

building, chemicals required for the drugs, pharmacists, telephone

Opportunity Cost- using over the counter medicine instead of prescription

Trade Off- pills might have bad side effects

Links to Pictures1. http://www.google.com/url?

sa=i&rct=j&q=swim+atlanta+roswell&source=images&cd=&cad=rja&docid=h237ueke4H90tM&tbnid=djdFl9-P1dY4-M:&ved=&url=http%3A%2F%2Fwww.swimatlantamasters.com%2F&ei=yNIHUtisNoSSyAGP84HoCQ&bvm=bv.50500085,d.b2I&psig=AFQjCNFZx9ErLMiOYWlK5V_wNTrhIcvVWQ&ust=1376330824242235

2. http://www.google.com/url?sa=i&rct=j&q=chicfila%20alpharetta%2C%20ga&source=images&cd=&cad=rja&docid=bBpm5SoPCe0oHM&tbnid=KvnsRv2Ty2bxSM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.yelp.com%2Fbiz%2Fchick-fil-a-inc-alpharetta-4&ei=PtQHUp_bAYaIygH0z4Bw&psig=AFQjCNGW5SOGiDUcZ7NBPjZLedvsx_OjQw&ust=1376331164623352

3. http://www.google.com/url?sa=i&rct=j&q=forever%2021&source=images&cd=&cad=rja&docid=kNUR2dz43fiBDM&tbnid=7avgIsRJa9SjFM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.thequickanddirtydirty.com%2Fcategory%2Fforever-21%2F&ei=fdUHUq_tAdKFyQHxv4HQAQ&psig=AFQjCNGnlkhThHuXwsdn5hrphcL190nHqA&ust=1376331512053885

4. http://www.google.com/url?sa=i&rct=j&q=skyzone&source=images&cd=&cad=rja&docid=bHTph1xFSfSRQM&tbnid=FMhU2-GQA02jzM:&ved=0CAUQjRw&url=http%3A%2F%2Framsaysnewadventures.blogspot.com%2F2013%2F03%2Fweek-37-sky-zone-indoor-trampoline-park.html&ei=ftYHUsnnGcSyyAHao4C4AQ&psig=AFQjCNFweaeDO5ByMUbLSzRtiL9j_mLZfw&ust=1376331748621476

5. http://www.google.com/url?sa=i&rct=j&q=CVS&source=images&cd=&cad=rja&docid=CRTRLtTPJcQoMM&tbnid=MYmgwly5DVbBpM:&ved=0CAUQjRw&url=http%3A%2F%2Fparkviewdc.com%2Ftag%2Fcvs%2F&ei=J9gHUvzRDsqiyAH7nIG4Dw&psig=AFQjCNGtSuHJzLoww_ix1z-LJcYDv9j6Qw&ust=1376332122380237