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