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:

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for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.