I for implicit cost and E for explicit cost 1Unearned social

I for implicit cost and E for explicit cost 1.Unearned social security credits 2.Forgone promotions 3. Salary while not working 4.Loss of experience at work 5.Depreciation of work skills 6.Food and clothing for the child 7.Loss of pension benefits 8. Babysitting fees 9.Preschool expenses 10. Earnings from paid work contributed by an employer to a retirement account

Solution

I (Implicit Cost)

E (Explicit Cost)

Unearned Social Security credits

Food and clothing for the child

Forgone promotions

Babysitting fees

Salary while not working

Preschool expenses

Loss of experience at work

Depreciation of work skills

Loss of pension and 401k benefits

Earnings from paid work contributed by an employer to a retirement account

I (Implicit Cost)

E (Explicit Cost)

Unearned Social Security credits

Food and clothing for the child

Forgone promotions

Babysitting fees

Salary while not working

Preschool expenses

Loss of experience at work

Depreciation of work skills

Loss of pension and 401k benefits

Earnings from paid work contributed by an employer to a retirement account

 I for implicit cost and E for explicit cost 1.Unearned social security credits 2.Forgone promotions 3. Salary while not working 4.Loss of experience at work 5.

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