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9. Why is rational ignorance important from an economic standpoint? I. Voters might not make informed choices. II. Voters wil
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Answer :- Option 'd' is the correct Answer

Rational ignorance important from an economic standpoint because Voters might not make informed choices as well as make bad decisions due to false information and special interest groups may control economic outcomes if they're the ones who are not rationally ignorant.

Rational to be ignorant when the costs of becoming informed are greater than the benefits of being informed.

Special interest groups have self-interest in passing favorable legislation and because voters are rationally ignorant about how laws are designed to help special interest groups are harmful to everyone else.

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