The concept of rational ignorance can explain why the government ...

[iveyjurea]

The concept of rational ignorance can explain why the government might provide more than the efficient quantity of a public good.
 
  Indicate whether the statement is true or false

Question 2

The marginal cost curve passes through the ________ points of the ________ cost curve and the ________ cost curve.
 
  A) minimum; average total; average variable
  B) minimum; average total; average fixed
  C) maximum; total cost; total variable
  D) minimum; average variable; average fixed

[Jmfn03]

Answer to Question 1

TRUE

Answer to Question 2

A

[iveyjurea]

Thanks for the timely response, appreciate it

[lindahyatt42]

Excellent