Multiple Choice
Rational ignorance is when:
A) full information is not available.
B) the benefit of becoming fully informed is lower than the cost.
C) the cost of information is low.
D) there is no benefit to gathering additional information.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q33: In The Distinguished Gentleman, Eddie Murphy plays
Q34: Which of the following provides the most
Q35: According to the text, the 1974 famine
Q36: Voters are myopic so they most likely
Q37: The median voter theorem implies that politicians:<br>A)
Q39: Explain the formula for political success. Provide
Q40: Arguably, one of the best ways to
Q41: Ten farmers, in a society with 100
Q42: President Nixon increased his popularity just before
Q43: The primary policy affecting the United States