Distinguish between extension of supply and an increase in supply.

In microeconomics, the terms "extension of supply" and "increase in supply" refer to different responses in the supply curve of a good or service.

Extension of Supply: This term is used to describe a movement along the existing supply curve due to a change in the price of the good or service. When the price of a good rises, the quantity supplied increases, _____ _________ ________ _______ _________ _________ ________.
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