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Exhibit 14-2 in Exhibit 14-2, If a Consumer Gathers

Question 113

Multiple Choice

Exhibit 14-2 Exhibit 14-2   In Exhibit 14-2, if a consumer gathers an amount of information equal to I<sub>2</sub>, A) he has made the optimal search B) he has avoided the cost of acquiring information C) he has searched too much D) further information will be costless to him E) he should increase his search In Exhibit 14-2, if a consumer gathers an amount of information equal to I2,


A) he has made the optimal search
B) he has avoided the cost of acquiring information
C) he has searched too much
D) further information will be costless to him
E) he should increase his search

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