Explain what is meant by a shift in the supply curve.

A change in supply leads to a shift in the supply curve, which causes an imbalance in the market that is corrected by changing prices and demand. ... Essentially, there is an increase or decrease in the quantity supplied that is paired with a higher or lower supply price.

Explanation:

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe

explanation:

it was dumb and stupid town