Question

how will a technological advancement that enables producers of a good to produce goods more cheaply affect the supply curve of the good? a movement down and along the supply curve a movement upward and along the supply curve shifting the supply curve inward and to the left shifting the supply curve outward and to the right

Explanation:

A technological advancement that lowers production costs means producers can supply more of the good at every given price level. Movements along the supply curve are caused by changes in the good's own price, while shifts of the entire curve come from non-price factors like production costs. A reduction in production costs increases overall supply, which is represented by an outward (rightward) shift of the supply curve.

Answer:

shifting the supply curve outward and to the right