What is the effect of a price rise for a product when the supply curve remains unchanged?

Show Answers

raises the producer surpluscauses all the outcomes mentioned in the optionslowers the producer surplusenhances fairness in the market

Explanation

When the price of a good increases along a fixed supply curve, the producer surplus grows because producers receive more revenue per unit sold. Therefore, option A is correct. The other options are incorrect as they either contradict this effect or refer to unrelated outcomes.