Which of the following statements is TRUE?
A) Rational ignorance exists only in politics.
B) Rational ignorance still leads to an efficient outcome.
C) It never makes sense for individuals to be rationally ignorant.
D) Rational ignorance is bad because it leads to uninformed voters making decisions.

Question

Quizplus · Accepted Answer

Rational ignorance is considered problematic because it results in voters making decisions without being fully informed, which can lead to suboptimal outcomes in democratic processes.

Which of the Following Statements Is TRUE