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Hello, I'm having some difficulty with my assignment, below are the questions that I'm having a difficult time with Question4 Assume the sale of

Hello, I'm having some difficulty with my assignment, below are the questions that I'm having a difficult time with

Question 4  

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.

Question 5  

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.

Top Answer

If the sale of human organs is legalized and a free market develops then... View the full answer

New Doc 2019-01-03 09.54.59_3.jpg

( 2 )| An Increase in the income of the potential buyers
will result in an increase of both the price as well as
the supply of kidneys . The increased demand of human
kidneys will propel its price...

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