(Figure: Interpreting Supply Shifts) The shift of the supply curve from A to B is an example of a

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The shift of the supply curve from A to B represents a change in supply, meaning that producers are willing and able to supply a different quantity of the good or service at the same prices. This is different from a change in quantity supplied, which refers to a movement along the same supply curve in response to a change in price, and from a demand-induced shift, which would be a shift of the demand curve, not the supply curve. Finally, a price-induced shift is not a commonly used term in economics.

(Figure: Interpreting Supply Shifts) the Shift of the Supply Curve