Very few voters know the enormous cost of providing price supports to farmers.As a result,these voters most likely exhibit
A) the public provision of a good.
B) the principle of minimum differentiation.
C) rational ignorance.
D) the tragedy of the commons.
E) None of the above answers is correct.

Question

Quizplus · Accepted Answer

Rational ignorance refers to the phenomenon where voters choose not to become informed about certain issues that do not have a significant impact on their lives or well-being. Since few voters know the cost of providing price supports to farmers, it is likely that they have chosen not to become informed about this issue, exhibiting rational ignorance.

Very Few Voters Know the Enormous Cost of Providing Price