If the laws of the US changed and you could sell one of your kidney legal for $10000 or more we would expect?

a. supply of kidney for transplant would increase
b. cost of kidneys would increase
c. the supply curve for kidneys would go flat
d. none of above

Answer:
a and b
a
well the supply of kidney for transplant would increase is a no because theres only so much people asking for kidneys'. so transplant may go up for 1 year and then drop back to like normal levels. same for cost of kidneys'. the supply for kidneys would eventually go flat because after the initial just in people selling their kidneys'. thats assuming people are willing to do so, if that doesnt happen then the supply of kidneys for transplant wouldnt increase, cost of kidneys would increase if it were legal to sell, the supply curve for kidneys would go up for a short time cause we only have 2 kidneys' unless you are willing to sell 2 to get 20k and live off a machine for life, thats if you or someone is willing to sell at that price if not the price will go up. so c would be the asnwer cause theres only a limited amount of kidneys' as long as they are not growing them. economics is a weird study, they give kinda definitive questions that lack the element of time.

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