Voters Will Gather Information on Voting Alternatives

question 25

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.

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Definitions:

Reasonable Manner

Acting in a way that is considered sensible and appropriate under the circumstances by a standard of a reasonable person.

Necessary

Refers to something that is essential or required in a particular situation or for a particular process.

Adequate Food

Having access to sufficient quantities of food that is nutritious and safe to eat, fulfilling dietary needs for an active and healthy life.

Lodging

Lodging refers to temporary accommodations for travelers, such as hotels, motels, inns, or short-term rentals.