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WAEC Economics 2010 Question 24

Question 24

Labour Market

An efficient weapon used in resolving disputes between employers and employees is

  1. A.co-operation.
  2. B.collective bargaining.
  3. C.display of placards.
  4. D.legal action.
Show the answer and explanation

Answer: B (collective bargaining.)

Explanation

Collective bargaining is negotiation between unions and employers to settle disputes.