This topic contains a solution. Click here to go to the answer

Author Question: Rational ignorance about the efficient quantity of a public good can result in A) the principle ... (Read 90 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
Rational ignorance about the efficient quantity of a public good can result in
 
  A) the principle of minimum differentiation.
  B) excludable goods.
  C) bureaucratic overprovision of a good.
  D) the vertical summation of individual's marginal benefit curves.

Question 2

I know that my vote alone will not influence whether or not any new foreign trade legislation is enacted, so I have decided not to spend the time learning about various legislative proposals. This quote reflects an example of
 
  A) the free-rider problem.
  B) government failure.
  C) rational ignorance.
  D) voter inefficiency.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaaaaaaa

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

C




j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library