[Solved] The Decision Not to Acquire Information Because the Cost of Acquiring

Question 139
Multiple Choice

The decision not to acquire information because the cost of acquiring the information exceeds the expected benefit from the information is known as

A) rational ignorance.
B) the principle of minimum differentiation.
C) public choice theory.
D) inefficient provision.

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Economics Homework Help with various study sets and a huge amount of quizzes and questions


Study sets





Upload material to get free access

Upload Now Upload Now
Upload Now

Invite a friend and get free access

Upload NowInvite a friend
Invite a friend

Subscribe and get an instant access

See our plansSee our plans
See our plans