Answer:
supply curve has shifted to the right.
Explanation:
Increase in supply indicates that the supply curve has shifted to the right. Quantity supplied has increased while price remains the same. Increase in supply means that the product has become less scarce.
Factors that increase supply includes:
1. A decrease in the cost of production
2. Technological advancement
3. Provision of subsidy by the government
4. More firms enter into the industry
A decrease in supply leads to a leftward shift of the supply curve. It indicates that goods have become more scarce.
I hope my answer helps you
