Ashley Williams Economics Photo Essay. GA Virtual

6
ECONOMICS PHOTO ESSAY ASHLEY WILLIAMS

Transcript of Ashley Williams Economics Photo Essay. GA Virtual

Page 1: Ashley Williams  Economics Photo Essay. GA Virtual

E C O N O M I C S P H O T O E S S AYA S H L E Y W I L L I A M S

Page 2: Ashley Williams  Economics Photo Essay. GA Virtual

G A S S TAT I O N• The gas station provides the community with gas to fuel

their cars. It also provides a mini market in which people can get food and take a quick rest stop.

• Factors of production

• The gas station manager

• Employees (cashier ect…)

• Gas pumps

• computers

• The lot it is built on

• Opportunity Cost

• You could carpool with someone or use public transportation.

• Trade off

• The manager could have gone to college or managed somewhere else. !!

• Photo Source:http://www.way2insure.com/what-do-i-need/florida-convenience-store-gas-station-insurance/

Page 3: Ashley Williams  Economics Photo Essay. GA Virtual

TA X I S E R V I C E S• Provides residents with transportation

to work, shopping,dinner, etc…

• Factors of Production

• Taxi service owner

• Taxi driver

• Petroleum

• Taxis

• Opportunity Cost

• You could own your own car.

• Trade off

• The taxi driver could be in school.

!!!!

• Photo source: http://nypost.com/2014/10/07/nyc-may-start-giving-out-letter-grades-to-taxi-drivers/

Page 4: Ashley Williams  Economics Photo Essay. GA Virtual

C O F F E E H O U S E• Provides community with coffee and a place to

study and relax.

• Factors of Production

• Coffee shop manager

• Barista

• Cashier

• Coffee Beans

• Lot it is on

• Coffee maker

• Building

• Chairs,tables,and cups.

• Oppurtunity Cost

• You could make your own coffee

• Tradeoff

• They could get a job with a higher salary

!• Photo Source:http://www.yelp.com/biz_photos/wake-up-coffee-co-saint-

simons?select=7bxPsaK9a-psu-ydNnFemg

Page 5: Ashley Williams  Economics Photo Essay. GA Virtual

R E S TA U R A N T• Provides community with food, drinks, a place

to relax.

• Factors of production

• Food items(meat, cheese, vegetables,ect..)

• wait staff

• managers

• tables and chairs

• grill, stove, and oven.

• Sinks

• Bar

• Oppurtunity cost

• You could make your own food at home.

• Trade off

• They could be missing time with family.

Page 6: Ashley Williams  Economics Photo Essay. GA Virtual

M O V I E T H E AT E R • Provides people with movies and a place to relax.

• Factors of Production

• Cashiers

• Manager

• Screens

• Movies

• Seats

• Food( popcorn, soda, ect…)

• Machines to make food.

• Oppurtunity Cost

• You could rent a movie from Redbox

• Tradeoff

• They could have attended college.

• Photo source:http://www.yelp.com/biz/glynn-place-stadium-cinemas-brunswick