Define opposition to type of remuneration for donating organ

Reference no: EM13238563

In the market for organs for transplant, such as kidneys and hearts, the price is constrained to equal one. Opposition to any type of remuneration for donating organs has been all but absolute from physicians and legislators. Reliance on altruism, however, does not appear to be working. The number of people waiting for organ transplants is double the number of willing donors. Relying on graphs, explain the effect of the proscription of financial incentives for organ donations on the producer surplus and consumer surplus in the market.

Reference no: EM13238563

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