Rational Ignorance Is the Decision NOT to

Multiple Choice

Rational ignorance is the decision NOT to

A) acquire information because the marginal cost of doing so equals the expected marginal benefit.
B) follow the principle of minimum differentiation.
C) acquire information because the marginal cost of doing so exceeds the expected marginal benefit.
D) acquire information because the marginal benefit of doing so exceeds the marginal cost.
E) vote in elections.