Question

c) Keeping all other criteria the same, add a child to the family you used in part a to determine the monthly expenses. How does an additional child impact the family budget and hourly wage? Which category was least affected by this change? Explain why you think there was little impact to this category.

Answer 1

Answer:

as a child is increased there is more income as well as expenditure..May be expenditure will be more at first but gain will be later