You are eagerly awaiting the birth of your first child, preparing for parenthood by reading articles on parental choices associated with happy, successful kids.Your research has indicated that staying home and caring for your child at home for the first yearis correlated with these desirable traits.If you stay home for the first year, you will be unable to return to your job that you really enjoy and will have to forgo your salary during some of that time.This loss in income will make itfinancially impossible to send your child to a top preschool (also associated with a happy and healthy kids), when you return to work. From an economics perspective, what should you do?Be sure to explain this in terms of your marginal costs, marginal benefits, loss of utility, and loss of income.Are there other factors that should also be considered?