Match the following.
List-I | List-II |
a. Perfect market | 1. Close relationship between the wage setting and the allocation of labour |
b. The Neo-classical market | 2. Buyers and sellers are free to make an entry or exist any time |
c. Natural market | 3. Policies of trade unions, employers and the government influence wage movements |
d. The Institutional market | 4. Imperfections and inequality exists in the market |
e. The Management market | 5. Workers are innocent and ignorant |
A. a-1, b-2, c-4, d-5, e-3
B. a-1, b-2, c-3, d-4, e-5
C. a-2, b-4, c-5, d-3, e-1
D. a-3, b-2, c-5, d-4, e-1
Answer: Option C
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