Show the effect of each of the following events on the market for labor in the architecture industry. A slowdown in the economy reduces the demand for new buildings. Demand Shift left Shift right No change Supply Shift left Shift right No change Fewer college students major in architecture. Demand Shift left Shift right No change Supply Shift left Shift right No change Architecture firms cut down on the purchase of computers and other equipments as budgets tighten. Demand Shift left Shift right No change Supply Shift left Shift right No change