मराठी

Which situation best shows low mobility of labour that increases monopsony power?

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प्रश्न

Which situation best shows low mobility of labour that increases monopsony power?

पर्याय

  • Workers freely shifting between many nearby firms

  • Workers unable to move due to family ties and lack of money

  • Workers quickly changing jobs using online platforms

  • Workers getting government protection in all markets

MCQ
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उत्तर

Workers unable to move due to family ties and lack of money

Explanation: 

When workers are geographically or occupationally immobile, they cannot easily leave the single employer, which strengthens the monopsonist’s power.

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