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ny- SHIFT IN SUPPLY CURVE us Supply is defined as the stock of a resource from which a person or place can be provided with the necessary amount of that resource" (Oxford Dictionary, 2022). A supply curve helps us better understand the behaviour of sellers as prices and demands rise and fall. "The law of supply states that as prices rise for a good or service, other things equal, the quantity supplied by sellers will increase for that good or service". An interesting phenomenon is the shifting of the supply curve of a commodity as the quantity supplied of that commodity changes and how it affects the related market. A real-life example/application of this event is if there is an excessive harvest for wheat in a single season, then the supply curve for wheat will shift to the right. This will lead to the price of wheat falling. Rice is wheat's main competitor in the market. Therefore, if the price of wheat falls, then the demand for rice will fall as well. If the demand for rice reduces, then its supply curve will shift to the right too