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Labour and Social Welfare
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Match the following.
List-I List-II
a. Institutional wage theory 1. Wages are determined on demand and supply of labour
b. Supply and demand theory 2. Wages determination after having comparison of region and industry
c. The marginal productivity theory 3. Wages are set between the upper and lower limit
d. The bargaining theory 4. Demand and supply inperfectly competitive market in equal to the marginal revenue productivity

Answer & Solution
Correct Answer: Option A
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