Equilibrium in the market for peanut butter is disturbed by an increase in the price of peanuts.Assuming that the supply curve of peanut butter is upward-sloping,producer surplus in the peanut butter market:
A)will increase.
B)will decrease.
C)will not change.
D)may change,but we cannot determine the change without more information.

Question

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The Answer of Equilibrium in the market for peanut butter is disturbed by an increase in the price of peanuts.Assuming that the supply curve of peanut butter is upward-sloping,producer surplus in the peanut butter market:
A)will increase.
B)will decrease.
C)will not change.
D)may change,but we cannot determine the change without more information.

Equilibrium in the Market for Peanut Butter Is Disturbed by an Increase