« previous next »

Author Question: Rational ignorance means A) ignorance is rationed. B) the benefit from some information is not ... (Read 149 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 29, 2018
Rational ignorance means
 
  A) ignorance is rationed.
  B) the benefit from some information is not worth the cost of collecting it.
  C) some people do not understand rationality.
  D) the information is unavailable.

Question 2

The figure above shows a consumer is indifferent between points
 
  A) d and c.
  B) a, b, c, d, and e.
  C) e and d.
  D) b and a.


vseab

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
Organizing Drug Information by Pharmacologic Classification Organizing Drug Information by Pharmacologic Classification
Food Labels Provide Nutrient Content Information Food Labels Provide Nutrient Content Information
The five skills of the element Collection of Information The five skills of the element Collection of Information
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library