Examveda

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)

C. (A) is wrong and (R) is right

D. Both (A) and (R) are wrong

Answer: Option B


This Question Belongs to Management >> Labour And Social Welfare

Join The Discussion

Related Questions on Labour and Social Welfare