Question on: JAMB Economics - 2019
The determination of wages in a labour market depends on the_______
A
Government
B
People
C
Interaction between demand and supply of labour
D
Economy
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Correct Option: C
Labour laws and other forces, the interaction between dd and ss of labour determines the wages in a labour market irrespective of the presence of labour Union.
i.e where dd for labour equals ss of labour.
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