A fast-food chain makes the decision to rebrand itself as a

Question

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.
Use the passage to answer the question.
What is the opportunity cost in the scenario above?
(1 point)
one-time expense of renovating restaurants
ongoing expense of high-quality ingredients
money that is expected to be provided by new adult
customers
money that could have been made from families with
young children

Answer 1

The opportunity cost in the scenario above is the money that could have been made from families with young children.