2 points 1. Assume there's a market with differentiated yet similar products and a
very high level of competition among the many firms competing. What
type of market structure does this scenario describe? *
a. Perfect Competition
b. Monopolistic Competition
c. Oligopoly
d. Monopoly

Rational ignorance suggests that a. voters are ignorant on issues that are not of special interest to them b. voters do not pursue information about issues before voting c. low voter turnout is due to a lack of understanding of the platforms of each political party d. voters are uninterested in the electoral process