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According to Public Choice Theory, People Do Not Always Make

Question 36

Multiple Choice

According to public choice theory, people do not always make informed choices because:


A) the incentives to become informed are low as compared with the costs of being informed.
B) they are ignorant by nature.
C) they are irrational, so their decisions are not predictable.
D) they believe making informed choices are the tasks only for the government.

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