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Unformatted text preview: technology. The factors that affected both the labor supply and the labor demand was that the supply was not high enough but the demand was very high if the supply was higher then the demand would be even higher it is a never ending cycle. The technology age has only grown more so in the past twenty years there is always new cell phones and new computers coming out and there are even newer items such as mp3 players and even iPods. The higher the demand for new and exciting items the higher the supply will become. There are always new pieces of technology coming out the more they make new things the higher the demand will be for those items....
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- Spring '10