Assertion (A) Competitive labour markets can be efficient Reason (R) Labour...

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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

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