GPfefferkorn1706 GPfefferkorn1706

08-01-2024
Business

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Which of the following statements best describes 'rational ignorance'?
a. Making informed decisions based on comprehensive data
b. Purposefully choosing to remain uninformed due to high costs and low benefits of acquiring information
c. Irrational decision-making based on biased information
d. Selecting information randomly without considering its relevance

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