Reduced demand and reduced supply will result in a lower equilibrium quantity and a higher equilibrium price.
Demand is the entire quantity of goods or services that a consumer is willing and able to purchase over a specific time period at a specific price. The total amount of goods and services a producer is willing and able to sell during a specific time period at a specific price is known as the supply. According to the law of demand, "the quantity demanded decreases with an increasing price; the amount demanded increases with decreasing price." Consequently, a drop in supply without a corresponding drop in demand will result in a drop in equilibrium quantity and a rise in equilibrium price.
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