The first 3 columns of the following table show data for a representative firm in an industry.The last 3 columns show the market demand and supply for the type of labour employed by this firm.

-What has happened to the demand for and the supply of labour in Canada over the last forty years?
A)The demand has increased and the supply has decreased.
B)The supply has increased and the demand has decreased.
C)Both the demand and the supply have increased.
D)Both the demand and the supply have decreased.
E)The demand has increased but the supply has remained unchanged.

Question

The first 3 columns of the following table show data for a representative firm in an industry.The last 3 columns show the market demand and supply for the type of labour employed by this firm.
 
-What has happened to the demand for and the supply of labour in Canada over the last forty years?
A)The demand has increased and the supply has decreased. 
B)The supply has increased and the demand has decreased. 
C)Both the demand and the supply have increased. 
D)Both the demand and the supply have decreased. 
E)The demand has increased but the supply has remained unchanged.

Quizplus · Accepted Answer

The table provided does not provide enough information to draw conclusions about the labour market in Canada as a whole. Therefore, we cannot make a definitive statement about the changes in demand and supply for labour in Canada.

The First 3 Columns of the Following Table Show Data