Explain in complete sentences what happens to supply or demand and what the new equilibrium is when: market (item in question) are men's polo shirts three (3) manufacturers go out of business

Anew manufacturing technology makes it easier to make the product and causes a shift in the supply curve. what is the new equilibrium point after implementing the new technology? (hint: determine which direction a easier production shifts the supply curve and use that direction to pick the resulting equilibrium point.) $6 and 20,000 $4 and 30,000 $6 and 30,000 $4 and 20,000