Vipul: Created page with "==Definition== The term '''opportunity cost of children''' refers to the indirect costs that parents experience as a result of having children that fall under the header of [..."

2013-12-01T06:51:12Z

Created page with "==Definition== The term '''opportunity cost of children''' refers to the indirect costs that parents experience as a result of having children that fall under the header of [..."

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==Definition==

The term '''opportunity cost of children''' refers to the indirect costs that parents experience as a result of having children that fall under the header of [[market:opportunity cost|opportunity costs]]. Examples include:

* Opportunity costs of earning because parents need to leave their jobs or reduce their hours of work to take care of their children.
* Opportunity costs of time in terms of leisure activities forgone because of the time spent with children, or the inflexibility thereof.

Opportunity cost of children - Revision history

Vipul: Created page with "==Definition== The term '''opportunity cost of children''' refers to the indirect costs that parents experience as a result of having children that fall under the header of [..."