Question

1. which way does the supply curve shift when price increases? price quantity

Explanation:

In economics (a subfield of Business), the supply curve shows the relationship between price and quantity supplied. A price increase leads to a movement along the supply curve (not a shift) as it's a change in quantity supplied due to price. But if we consider a non - price factor increasing price (misconception), or if the question has a typo (maybe "when a non - price factor that increases supply occurs"), a supply - increasing factor shifts the curve right. However, for a price increase (movement along), but if we assume the question means a factor that increases supply (leading to higher price in some contexts), the supply curve shifts to the right. But strictly, a price increase causes a movement up along the supply curve (no shift). If we take the common confusion, when supply increases (shifting curve) due to non - price factors, it shifts right.

Answer:

The supply curve does not shift when price increases (it's a movement along the curve). But if considering a supply - increasing non - price factor (leading to higher equilibrium price), the supply curve shifts to the right. However, for the given question (assuming possible confusion), the intended answer is likely that the supply curve shifts to the right (but note the technicality: price increase is movement along, not shift).