Principles of Microeconomics


Is there anyone that can assist me with these questions?

  

Critical Thinking Questions:

  1. What are some reasons people might find acquiring

information about politics and voting rational, in

contrast to rational ignorance theory?

2.  What are some possible ways to encourage voter

participation and overcome rational ignorance?

3.  Given that rational ignorance discourages some

people from becoming informed about elections, is it

necessarily a good idea to encourage greater voter

turnout? Why or why not?

4.  When Microsoft was founded, the company

devoted very few resources to lobbying activities. After

a high-profile antitrust case against it, however, the

company began to lobby heavily. Why does it make

financial sense for companies to invest in lobbyists?

5.  Representatives of competing firms often comprise

special interest groups. Why are competitors sometimes

willing to cooperate in order to form lobbying

associations?

6.   Should minimum wage be increased? Explain what are positives and negatives.