Voters Will Gather Information on Voting Alternatives

Multiple Choice

Voters will gather information on voting alternatives:

A) ​when the cost of acquiring such information is exorbitantly high.
B) ​as long as the marginal benefit to them of acquiring additional information exceeds the marginal cost to them.
C) ​as long as the marginal benefit to them of the information is less than the marginal cost to them of gathering the information.
D) ​because the welfare of the community is always perceived to be more important than the welfare of the individual.