Multiple Choice
Which of the following best explains the term rational ignorance?
A) It is the decision to search for and acquire information only if there is enough time.
B) It is the decision to stay uninformed on certain topics because of the prohibitive cost of gathering information.
C) It is the decision to ignore free information that is vital in making the correct decision.
D) It is the rational weighing of costs versus benefits.
Correct Answer:
Verified
Correct Answer:
Verified
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