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प्रश्न
Why do labourers have less bargaining power?
लघु उत्तर
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उत्तर
If a part-time worker works for a firm with monopsony power, they will have very low bargaining power. However, if workers join a trade union and achieve 100% density (i.e. everyone in the firm joins) then they have the capacity to influence the wage making process.
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