Home » Online Course » An increase in the demand for a commodity accompanied by a decrease in its supply will result in a(n): An increase in the demand for a commodity accompanied by a decrease in its supply will result in a(n): 2. Question 2 An increase in the demand for a commodity accompanied by a decrease in its supply will result in a(n): 1 point decrease in price and an increase in quantity. increase in both price and quantity. increase in price while the quantity can increase or decrease. increase in quantity while the price can increase or decrease. Other Questions Of This Category Internet History Technology Security QuizHigh Stakes Leadership LeadingStrategic Organization Design CourseraFundamentals of financial and management accounting QuizMoralities of Everyday Life QuizAlternative Approaches to Valuation and InvestmentCorporate Financial Decision Making for Value CreationPreparing to Manage Human Resources QuizManaging Project Risks and Changes QuizCybersecurity and Its Ten Domains QuizThe Science of Success What Researchers Know that You Should Know QuizPrinciples of Corporate Finance A Tale of ValueGetting Started with AI using IBM Watson QuizMergers and Acquisitions The Relentless Pursuit of SynergyDistributed Programming in Java Quiz