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Which of the following is an implicit cost

25/04/2021 Client: muhammad11 Deadline: 2 Day

Read the article from the following link and then comment on the two questions below.

http://money.cnn.com/2017/01/09/pf/cost-of-raising-a-child-2015/index.html

What is an example of an implicit and an explicit cost of raising children?
In estimating the housing cost of raising a child, should a child be assigned the same share of housing costs as any other member of the household (average total cost) or simply the cost of an extra bedroom (marginal cost)

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