How raising children can represent constant opportunity cost


Give an example to illustrate how raising children can represent each of the following: (a) constant opportunity cost and (b) increasing opportunity costs.

Answers and replies exceed the 3-sentence requirement. Answers and replies are thoughtful, thorough, and demonstrate a good understanding of the question or conversation under discussion, citing specific examples. Answers are clear and focused, citing more than two economic concepts that are relevant to the questions being addressed and the topic under discussion

 

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Microeconomics: How raising children can represent constant opportunity cost
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