Voters May Choose to Remain Uninformed About an Issue Because

question 26

Multiple Choice

Voters may choose to remain uninformed about an issue because of:

• A) the special-interest effect.
• B) rational ignorance.
• C) bureaucratic inefficiency.
• D) the shortsightedness effect.

---

Definitions:

Consumer Surplus

The gap between what consumers are prepared and able to spend on a product or service and the actual sum they end up paying.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Total Utility

The total satisfaction or benefit a person receives from consuming a particular quantity of goods or services.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they pay.