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    Exam 17: Public Goods and Common Resources
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    Rational Ignorance
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Rational Ignorance

Question 2

Question 2

Multiple Choice

Rational ignorance


A) results when the cost of acquiring information exceeds the benefit of acquiring the information.
B) allows special interest groups to exert political influence.
C) combined with special-interest groups can yield inefficient provision of public goods.
D) results in all of the above.
E) results in none of the above.

Correct Answer:

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