A fast-food chain makes the decision to rebrand itself as a mid-range adult café instead of a cheap kid-friendly restaurant. This change will involve using higher-quality ingredients and renovating to remove children’s playgrounds.
Question
Use the passage to answer the question.
What is the opportunity cost in the scenario above?
(1 point)
Responses
one-time expense of renovating restaurants
one-time expense of renovating restaurants
ongoing expense of high-quality ingredients
ongoing expense of high-quality ingredients
money that is expected to be provided by new adult customers
money that is expected to be provided by new adult customers
money that could have been made from families with young children