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 High Stakes Leadership LeadingStrategic Organization Design CourseraInternet History Technology Security QuizPreparing to Manage Human Resources QuizCorporate Financial Decision Making for Value CreationMoralities of Everyday Life QuizFundamentals of financial and management accounting QuizMergers and Acquisitions The Relentless Pursuit of SynergyThe Science of Success What Researchers Know that You Should Know QuizCore Concepts of Accounting Numbers and PeopleAlternative Approaches to Valuation and InvestmentDemand Schedule Price Quantity Sold Marginal Cost $200 100 $100 $175 250 $100 $150 400 $100 $125 600 $100 Using the demand schedule above, which price-quantity combination is most profitable for the…Distributed Programming in Java QuizPrinciples of Corporate Finance A Tale of ValueManaging Project Risks and Changes Quiz