Think about the market for video game consoles. Suppose there is a decrease in tastes and preferences for these consoles as people play more games on their cell phones. At the same time, the cost of making consoles increases. What is the effect of these changes on the equilibrium price and quantity for video game consoles?

Group of answer choices

Price falls and quantity is unclear

Price is unclear and quantity falls

Price increases and quantity increases

Price is unclear and quantity is unclear