Question

A woman approached Senator Adlai Stevenson when he was running for president, saying, "Senator, you have the vote of every thinking person!" The Senator is often credited with responding: "That's not enough, madam, we need a majority!" Which concept does this quip best reflect?
rational ignorance
opportunity costdiffuse
costs and concentrated benefits
median voter theorem

Answer 1

Answer:

Rational Ignorance

Explanation:

Understanding everything is unlikely. A level of ignorance is unavoidable, and we all have to determine for ourselves what is worth learning and recognizing.

Rational ignorance lets each one of us determine the most valuable information.

Rational ignorance means picking to remain ill informed on a subject deliberately because the cost of obtaining the data is greater than the expected possible advantages.