The graph shows the labor market for diamond miners in South Africa Wage rate (dollars per hour) Now a new discovery of diamonds in the Yukon in Canada lowers the world price ofdiamonds. Show the effect of this event in the labor market for diamond miners in South Africa. Draw either a new supply curve labeled LS1 are new demand curve labeled LD1, Draw a point to show the new equilibrium wage rate and quantity of labor. The wage rate of diamond miners in South Africa and the number of workers employed C) A. does not change; does not change C) B. falls; increases O C. rises; increases (O) D. falls; decreases O E. rises; decreases 19 6 8 10 12 14 16 18 20 Quantit of labor thousands of miners >>> Draw only the objects specied in the