During a summer characterized by a record number of off-grid music festivals and remote wilderness expeditions, the demand for high-capacity portable solar power stations surged. Rather than staying in traditional campsites with electrical hookups, adventurers camped in remote areas, causing a massive spike in market demand for portable lithium-ion power packs. Production lines operated around the clock to assemble and ship units directly to consumers. One prominent manufacturer, VoltVagabond, reported that the average retail price of their signature power packs rose substantially as a result of this sudden market imbalance.
Using the information in the case study, explain what impact the change in demand for portable power stations would have had on VoltVagabond's producer surplus.
