The supply of cheese sticks is upward sloping. If the price of cheese sticks increases, all else equal, we would see:

Question

Quizplus · Accepted Answer

An increase in the price of cheese sticks, all else equal, leads to an increase in quantity supplied due to the upward sloping supply curve, indicating producers are willing to supply more at higher prices. This increase in price also leads to an increase in producer surplus because producers are receiving more for each unit sold than they were willing to accept, thus increasing their overall benefit.

The Supply of Cheese Sticks Is Upward Sloping