Hello, I'm having some difficulty with my assignment, below are the questions that I'm having a difficult time with
Assume the sale of human organs is legalized and a free market develops. Explain the impact each of the following would have on the equilibrium price and output in the market for kidneys.
A. Incomes potential buyers
B. A new form of kidney dialysis is developed that can be taken as a pill at home once a month.
C. The government taxes anyone that sells a kidney. The person that sells the kidney must pay the government half of what he or she earns the sale of his or her kidney.
Describe the structure and operation of Medicaid, Medicare and State Children's Health Insurance Programs (SCHIP). Discuss the implications the repeal of the Affordable Care Act would have for the three programs listed above.
If the sale of human organs is legalized and a free market develops then... View the full answer