All else equal, an increase in demand will cause an increase in producer surplus.

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Zophia Grace Bautista · Accepted Answer

Final Answer : True, Explanation :  When demand increases, the price consumers are willing to pay for a product typically increases, leading to a higher producer surplus because producers can sell their goods at a higher price, thus increasing the difference between the cost of production and the selling price.

All else equal, an increase in demand will cause an increase in producer surplus.

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