Answer :
An increase in supply means the supply curve has shifted to the right, while an increase in quantity supplied refers to a movement along a given supply curve in response to an increase in price.
What would shift a supply curve down and to the right?
- In contrast, a drop in input costs will cause the supply curve to move to the right. Technology.
- An increase in technology will shift the supply curve to the right. Conversely, a decrease in technology will shift the supply curve to the left.
What does it mean when the supply curve shifts to the right?
- When demand is constant and supply is increasing, the supply curve moves to the right, creating an intersection where quantity and prices are lower.
- On the other hand, a negative change in supply causes the curve to move to the left, raising prices and lowering quantity.
Which would cause a shift in the supply curve ?
- When a change is brought about by a source other than price, the supply curve shifts.
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