Lesson 4.1.6.2

4.1.6.2 Influences upon the supply of labour to different markets Quiz: AQA Economics, Unit 1

20 questions

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Lesson 4.1.6.2, Influences upon the supply of labour to different markets: 20 multiple choice questions for the AQA Economics (7136), Unit 1: Individuals, firms, markets and market failure, written with Revision Ninja.

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The 20 questions

  1. What two types of factors influence the supply of labour to a specific occupation?

    • Monetary factors only
    • Monetary and non-monetary
    • Non-monetary factors only
    • Fiscal and monetary

  2. Which factor is a non-monetary influence on the supply of labour?

    • Overtime pay
    • Working conditions
    • Performance bonuses
    • Hourly wage rate

  3. What does a market labour supply curve measure the relationship between?

    • Wage and workers
    • Price and output
    • Income and expenditure
    • Profit and cost

  4. How does a rise in qualified workers shift the market labour supply curve?

    • Along the curve
    • To the left
    • Vertically upwards
    • To the right

  5. Which change shifts the market labour supply curve to the left?

    • Higher qualifications needed
    • Lower income tax
    • Better working conditions
    • Higher job satisfaction

  6. How does widespread job dissatisfaction affect an occupation's labour supply curve?

    • Moves upwards along
    • Shifts left
    • Shifts right
    • Moves downwards along

  7. A 20% wage rise causes a 20% increase in labour supplied. What is the elasticity of supply?

    • Relatively elastic
    • Unit elastic
    • Perfectly inelastic
    • Relatively inelastic

  8. Why is labour supply for doctors relatively inelastic in the short run?

    • Flexible working hours
    • Long training required
    • High wage rates
    • Low job security

  9. What non-monetary factor can cause a labour shortage in high-wage occupations?

    • Poor working conditions
    • Flexible working hours
    • High job status
    • Generous pension schemes

  10. Which factor causes a shift in the market labour supply curve?

    • A wage increase
    • Changing entry qualifications
    • A wage decrease
    • Higher product demand

  11. Which non-monetary factor would shift the labour supply curve for nursing to the right?

    • Performance bonuses
    • Higher hourly wages
    • Flexible working hours
    • Overtime pay bonus

  12. What enables workers to move between occupations when relative wages change?

    • Derived demand
    • Occupational mobility
    • Income elasticity
    • Geographical immobility

  13. What happens to the labour supply curve when demand for workers increases?

    • Shifts to left
    • Shifts to right
    • Becomes completely flat
    • No shift occurs

  14. Why does an occupation's labour supply curve usually slope upwards?

    • Higher wages attract workers
    • Non-monetary benefits fall
    • Labour productivity increases
    • Firms demand more workers

  15. Compared to an unpleasant job, an enjoyable occupation's labour supply curve sits further:

    • To the left
    • Near the origin
    • Towards the vertical
    • To the right

  16. Why does labour supply to an occupation become more elastic over time?

    • Workers can retrain
    • Wages fall steadily
    • Qualifications are banned
    • Demand becomes fixed

  17. Which event shifts the labour supply curve for an occupation to the right?

    • More training places
    • Lower job status
    • Longer working hours
    • Higher entry standards

  18. Which of the following is a monetary factor influencing the supply of labour to an occupation?

    • Performance bonuses
    • Free staff parking
    • Flexible working hours
    • Job satisfaction

  19. What is the effect on labour supply when an occupation's wage rate increases?

    • Leftward shift
    • Movement along curve
    • Rightward shift
    • Inward shift

  20. Which non-monetary factor can attract workers into a particular occupation?

    • High job security
    • Performance bonuses
    • Company pension contributions
    • Overtime pay rates

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