If the government allowed a free market in organs for transplant there would be
A)a decrease in the shortage of organs for transplant.
B)a decrease in producer surplus.
C)an decrease in consumer surplus
D)an increase in the waiting period for transplant organs.

Question

Quizplus · Accepted Answer

Allowing a free market in organs would increase the supply of organs available for transplant, leading to a decrease in the shortage of organs. The increase in supply would likely lead to lower prices and a decrease in producer surplus, but the overall benefit of increasing supply would outweigh this cost. There may be some decrease in consumer surplus if prices increase slightly, but the overall benefit of having access to organs would outweigh this cost. The waiting period for transplant organs would likely decrease with an increase in supply.

If the Government Allowed a Free Market in Organs for Transplant