1. In your own words, provide brief responses to the following questions. (a) What do we mean by diminishing marginal productivity of a factor? Use a realistic example in your response. [4 pts] (b) What are two factors that can cause labour demand to increase in Canada? Use a recent example for each factor that you have observed in Canada in your response. [4 pts] (c) What are tWo factors that can cause labour supply to decrease in Canada? Provide a specic example of a policy that the government could implement to aect the particular factor. [4 pts] Total for Question 1: 12 pts