If the costs of informing oneself are greater than the benefits, then ignorance is
A) rational.
B) irrational.
C) not beneficial.
D) not costly.

Question

Quizplus · Accepted Answer

If the costs of informing oneself are greater than the benefits, then choosing to remain ignorant is rational. It means that the individual has assessed the situation and found that the effort, time or money required to acquire information is not worth the potential benefits. In such cases, remaining ignorant may actually be more beneficial than becoming informed.

If the Costs of Informing Oneself Are Greater Than the Benefits