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This question belongs to Management Labour And Social Welfare

Labour and Social Welfare

?

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 & Solution

Correct Answer: Option B

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Question posted by Examveda

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