In a perfectly competitive labor market, the industry demand curve is and the industry supply curve is

The correct answer to the following question will be "Downward sloping and Upward sloping".

Explanation:

A demand curve showing a direct instead of an indirect relationship between both the price of a commodity and the quantity demanded by time, recognized as the Upward Curve.Going downwards demand curve implies a reasonable consumer will require more of a good or service when its price drops.The demand curve of a solid slope generally descends, whereas the price of goods slopes upwards. While the price was the most important aspect affecting these curves, there will be various other factors that influence the shape and slope of demand and supply curves, from the allocative efficiency to natural hazards.

Therefore, Downward and Upward sloping is the right answer.

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