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-Refer to Exhibit 4-5

Question 67

Multiple Choice

-Refer to Exhibit 4-5.If a free market were allowed in the transplanted kidney market,then the equilibrium price would be P<sub>2</sub>.The number of kidneys transplanted would increase by _________ compared to the number transplanted at a price ceiling of P= $0. A) (Q<sub>3</sub> - Q<sub>1</sub>) B) (Q<sub>3</sub> - Q<sub>2</sub>) C) (Q<sub>2</sub> - Q<sub>1</sub>) D) Q<sub>2</sub>
-Refer to Exhibit 4-5.If a free market were allowed in the transplanted kidney market,then the equilibrium price would be P2.The number of kidneys transplanted would increase by _________ compared to the number transplanted at a price ceiling of P= $0.


A) (Q3 - Q1)
B) (Q3 - Q2)
C) (Q2 - Q1)
D) Q2

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