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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?
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?
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?
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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