What is the expected effect of increased productivity on the supply curve?

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Cause the supply to decreaseResult in a growth of supplyCause the supply curve to shift outward, meaning more quantity supplied at every priceResult in a higher price equilibrium but a reduced equilibrium quantityHave no impact on supply

Explanation

An improvement in productivity typically causes the supply curve to shift outward, indicating that producers can supply more goods at each price level. This is because increased productivity lowers production costs, enabling higher output.