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Labourers have ______ bargaining power. - Economics

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Question

Labourers have ______ bargaining power.

Options

  • More

  • Less

  • Unlimited

  • Limited

MCQ
Fill in the Blanks

Solution

Labourers have less bargaining power.

Explanation:

  • Labourers often have less bargaining power, particularly in situations where there is a surplus of labour or a high unemployment rate.
  • This limited power can affect their ability to negotiate wages and working conditions compared to employers or larger organizations.
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Chapter 1: Factors of Production - Exercise [Page 28]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 1 Factors of Production
Exercise | Q 33. | Page 28
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