quality diamonds decreases AND the supply of gemminusquality diamonds​ decreases, what can be said about equilibrium price and quantity in this​ market?

Respuesta :

Answer:

The change in equilibrium price will be uncertain, but quantity will fall.

Explanation:

If the supply of a particular good to the market decreases, the quantity of that particular good in the market will fall, also the equilibrium price (the price where demand equals to supply ) will be not be certain.