How the law of supply applies to the increase in labour involvement for data science jobs?
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Explanation:
Shifts in Labor Supply. The supply of labor is upward-sloping and adheres to the law of supply: The higher the price, the greater the quantity supplied and the lower the price, the less quantity supplied.
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Answer:
Data science is an inter-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from many structural and unstructured data. Data science is related to data mining, machine learning and big data.
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