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Which one of the following statements is INCORRECT? (2) (1) Trade unions act as monopolistic suppliers of labour. (2) Labour markets are sometimes monopolistic, meaning
Which one of the following statements is INCORRECT? (2)
(1) Trade unions act as monopolistic suppliers of labour.
(2) Labour markets are sometimes monopolistic, meaning there is only one major
employer.
(3) Employers and employees usually have perfect knowledge about the labour
market conditions in which they operate.
(4) The labour market is a segmented market
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