In 2004, The New York Times reported that India might be losing its outsourcing edge due to rising wages[3] The reporter noted that a recent report "projected that if India continued to produce college graduates at the current rate, demand would exceed supply by 20% in the main outsourcing markets by 2008." Using the terminology you learned in this chapter, explain what he meant to say was happening in the market for Indian workers in outsourcing jobs. In particular, is demand for Indian workers increasing or decreasing? Is the supply of Indian workers increasing or decreasing? Which is shifting faster? How do you know?

-I don't really know how to word this, it might just be that I am really tired and when working of this I lost all my progress from earlier in the day, but this statement and questions are kind of hard to understand what it is trying to tell me. any help would be great.