Should there be a market for human organs

Assignment Help Microeconomics

Reference no: EM133564262 , Length: 2 Pages

Assignment:

Below is the format that must be followed I need help with this along with the actual assignment

This is to be no longer than 2 type written pages and a minimum of 1.5 pages of content.cite 2 current sources (within 2 years) and your book or any other textbook, Wikipedia, internet (youtube) video or any other reference material cannot be used as any of the sources.

Sources must be cited according to APA format and use in-text citations providing credit to your sourced information. Papers must have the facts, a conclusion, and your recommendations based on the information contained in your sources.

Scarcity is the condition where we want as much as we can get but, unfortunately, we can't have all we want because resources are scarce. This causes us to choose. Some of the ways we deal with scarcity is through rationing, lottery, need-based, force, first come, first served, etc. Markets typically allocate resources based on price and the ability of a person to pay.

1. Watch the following video clip of a "Law and Order" episode.

2. In the "Search" bar type "Law and Order" then select "Law and Order: SVU - Black Market Kidneys" from the drop down menu (it should be the 2nd one down)

Answer the following question: "Should there be a market for human organs?"

In your paper you MUST address the following:

What are the economic issues concerning the sale of human organs?
What are the Marginal Benefits and the Marginal Costs of selling human organs.
Would the transplant process be more efficient if people could buy/sell organs?
Is it ethical to trade in organs and what would be the negative consequences of this market?

Reference no: EM133564262

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