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Management · Q175

Labour and Social Welfare

Graduate and Post Graduate · Management · question 175

Q175

Assertion (A) Competitive labour markets can be efficient. Reason (R) Labour market participants in search of their own selfish goals attain such conditions.

A.
(A) is right and (R) explains (A)
B.
(A) is right, but (R) does not explain (A)
Answer
C.
(A) is wrong and (R) is right
D.
Both (A) and (R) are wrong

Answer: Option B

Solution

Answer: Option B
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