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If De Beers (a very large diamond producer) decided to reduce diamond production over the next ten years, then the most likely outcome for the
If De Beers (a very large diamond producer) decided to reduce diamond production over the next ten years, then the most likely outcome for the diamond market is Question 3Select one: A. An increase in supply, a right shift of the supply curve, a decrease in the market price and an increase in the market quantity B. A decrease in supply, a left shift of the supply curve, an increase in the market price and a decrease in the market quantity C. An increase in demand, a right shift of the demand curve, an increase in the market price and a decrease in the market quantity D. A decrease in demand, a left shift of the demand curve, an increase in the market price and a decrease in the market quantity
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