make a graph for this Initial Equilibrium $($E$1)$:

Original equilibrium with a certain price $($P$1)$ and quantity $($Q$1).$

The demand curve $($D$1)$ and supply curve $($S$1)$ intersect at E$1.$

Technological Advancement:

The supply curve shifts to the right $($S$2),$ indicating an increase in supply.

New equilibrium $($E$3)$ is established with a lower price $($P$3)$ and higher quantity $($Q$3).$