when the quantity of a commodity supplied increases and the quantity demanded decreases , there will be

When the quantity of a commodity supplied increases and the quantity demanded decreases, there will be a fall in price. This is due to the law of supply and demand, which states that the price of a good is determined by the intersection of the supply and demand curves. When there is an increase in supply and a decrease in demand, the market becomes more saturated with the commodity, and there is a surplus of goods available. In order to sell off this surplus, producers will lower their prices in order to entice consumers to buy. As a result, the price of the commodity will fall until it reaches a new equilibrium point where the quantity supplied and quantity demanded are equal.