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Consider the Hypothetical Supply and Demand of Kidneys

Question 113

Multiple Choice

Consider the hypothetical supply and demand of Kidneys. Consider the hypothetical supply and demand of Kidneys. Initially,kidneys are exchanged by donations only (price=0) .If the government decides to legalize kidney sales and the market reaches equilibrium,then: A) total surplus increases. B) consumer surplus remains the same. C) producer surplus remains the same. D) a shortage of kidneys will arise. Initially,kidneys are exchanged by donations only (price=0) .If the government decides to legalize kidney sales and the market reaches equilibrium,then:


A) total surplus increases.
B) consumer surplus remains the same.
C) producer surplus remains the same.
D) a shortage of kidneys will arise.

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