If the local dairy farm faces a milk shortage and the newspaper publishes a report on the health benefits of a dairy-free diet the quantity will fall and the price will be the same.
The shortage refers to the scarcity of resources in a particular region for a shorter duration of time. When the demand exceeds the supply, the availability of goods will not be possible which causes a shortage of products in the market.
The cost of milk rises due to a shortage. As the cost of the materials rises, the quantity of ice cream declines. It lowers quantity and raises the price. The health report lowers the demand for ice cream, which shifts demand to the left and lowers both price and output.
In conclusion, quantity decreases and price is constant.
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