What likely happens to the supply of a good if production costs decrease?

When production costs decrease, it becomes cheaper for producers to create goods. This reduction in costs allows suppliers to produce more of the good at each price level because they can maintain or even expand their profit margins while spending less on inputs, such as raw materials, labor, or overhead costs.

As a result, the overall supply of the good in the market is likely to increase. This increase shifts the supply curve to the right, indicating that at any given price, suppliers are now willing and able to offer more of the good than before. This is a fundamental principle of supply in economics; when it becomes less expensive to produce goods, it incentivizes producers to increase their output.

In this scenario, changes to demand are not directly addressed, as the question specifically focuses on the supply side of the market. Thus, the direct effect of decreased production costs is an increase in supply, making the selected answer accurate.