Because Jess Didn't Have the Time to Understand the Issue

question 149

Multiple Choice

Because Jess didn't have the time to understand the issue, she did not vote on the amendment about clean energy. Jess's behavior demonstrates the economic principle of

• A) diminishing marginal utility.
• B) voting preferences.
• C) rational ignorance.
• D) minimum differentiation.

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Definitions:

Beginning Of The Year

Refers to the start of a fiscal or calendar year, marking the point in time when businesses commonly review and adjust budgets, plans, and strategies.

Investing Activities

Financial transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.

Statement Of Cash Flows

A report detailing how variations in income and balance sheet figures influence cash and cash equivalents.

Retirement Of Bonds Payable

The process of paying off issued bond debt before its maturity date, removing the bonds from circulation.