Which of the Following Best Explains the Term Rational Ignorance

question 147

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.

---

Definitions:

Scientific Method

is a systematic approach to research and experimentation used to explore observations and answer questions by making hypotheses and testing them.

Theory

A system of ideas intended to explain something, often based on general principles independent of the thing to be explained.

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Testable

Capable of being tested or subjected to examination and verification.