Rational Ignorance Suggests That a Voter Should Stop Acquiring More

question 63

Multiple Choice

Rational ignorance suggests that a voter should stop acquiring more information about an issue when

• A)the marginal benefit from acquiring the information equals zero.
• B)the total cost of acquiring the information is minimized.
• C)the total benefit from acquiring the information is maximized.
• D)the marginal cost of acquiring the information is equal to the marginal benefit derived from the information.
• E)the marginal cost of acquiring the information is greater than zero.

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Definitions:

Rite Of Degradation

A ceremonial process intended to publicly diminish the status, reputation, or identity of an individual or group.

Subcultures

Groups within a larger culture that have their own distinct set of values, beliefs, and behaviors.

Legends And Stories

Narratives passed down within an organization that impart values, ideals, and cultural norms, often embodying ideal behaviors or cautionary tales.

Bureaucratic Culture

An organizational culture characterized by formalized procedures and rules, hierarchy, and a clear division of labor, aimed at increasing efficiency.