Occupational Choice and Labor Demand
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Questions and Answers

Which one of these is a non-wage factor that influences the choice of occupation for a worker?

  • Flexible working hours
  • Job security (correct)
  • High salary
  • Promotion opportunities
  • Which one of these is an example of a supply-side factor that affects the demand and supply of labor?

  • Changes in consumer preferences
  • Government regulations
  • Technological advancements
  • Population growth (correct)
  • Which one of these is a wage factor that influences the choice of occupation for a worker?

  • Work-life balance
  • Opportunity for advancement
  • Hourly wage rate (correct)
  • Job satisfaction
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