You may have heard of supply and demand in economics, but what does it mean when supply curves shift? Put simply, a rightward shift of the supply curve means that there is an increase in the amount of goods available to consumers at each price point. This could be due to any number of factors, including increased production efficiency, availability of new materials, or changes in laws and regulations. In other words – when the supply curve shifts right, it means more goods are available to meet whatever demand exists. Understanding this concept can help businesses make key decisions about pricing and production strategies that can potentially lead to greater profits!