L Lauren New member Sep 30, 2009 #1 Is the opportunity cost of having children same for all families? Explain. [Hint: What if both parents have full-time high paying jobs?]
Is the opportunity cost of having children same for all families? Explain. [Hint: What if both parents have full-time high paying jobs?]
K Kevin New member Sep 30, 2009 #2 No. It depends upon the income of the family. The opportunity cost of a poor family to have children is significantly higher than the opportunity cost of rich people.
No. It depends upon the income of the family. The opportunity cost of a poor family to have children is significantly higher than the opportunity cost of rich people.