Which of the Following Is an Example of Rational Ignorance

question 139

Multiple Choice

Which of the following is an example of rational ignorance?

• A) Glenda chooses to purchase a new CD at the store 1 mile from her home instead of driving all over town to see if she can find a lower price.
• B) Bob chooses not to vote since his vote will never swing the outcome of an election.
• C) ABC Corporation chooses to hire local workers instead of outsourcing jobs to another country.
• D) Jane decides not to study for her test tomorrow even though studying could raise her grade significantly.

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Definitions:

Baby Boomers

A demographic group comprising individuals born between 1946 and 1964, known for being part of the post-World War II baby boom.

Mainstream Customers

Consumers who represent the majority market for products and services.

Internal Corporate Communications

The exchange of information and messages within a company among employees, management, and executives to ensure a unified understanding of goals, policies, and procedures.

Unified Corporate Image

A coherent and consistent representation of a company's brand and identity across all communication channels and interactions.