Price per widget	Quantity supplied by Adam	Quantity supplied by Robert	Quantity supplied by Karl	Total quantity supplied by all producers
$1	3	5	3	11
$2	5	6	6	17
$3	7	7	9	23

d. Draw the market supply curve from the schedule. Label the curve S_1.

e. On the graph, illustrate the effect of the technology advance on the supply of widgets. Label the new curve S₂.

f. Assuming the market situation, and that producers will not charge less than $1, would the quantity supplied of widgets be more or less than 11 widgets? Explain.