When you are faced with a lack of information concerning a purchase,you should:
A) consider the opportunity cost of gaining more information.
B) always seek out the most information you can before making a purchase.
C) not make the purchase without complete information.
D) None of these statements is true.

Question

Quizplus · Accepted Answer

Considering the opportunity cost of gaining more information helps balance the benefits of additional information against the time and resources spent acquiring it.

When You Are Faced with a Lack of Information Concerning