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At What Point May Consumers Choose to Be Rationally Ignorant

Question 106

Multiple Choice

At what point may consumers choose to be rationally ignorant and delegate the decision making to the service provider?


A) If costs of obtaining information are too high
B) If information is highly specialized or difficult to obtain
C) If the likely benefits are too low
D) If the information is too complex to understand
E) If the information is proprietary and cannot be openly discussed

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