GEA1 Case Study

Describe the market for kidney organs, as it would be in a free market without government intervention, using what you have learned about scarcity, marginal analysis in decision-making, and markets.

Describe the benefits and costs but leave the discussion of organ rationing and other solutions to the problems in this market for the next part. Describe this market using supply and demand;

Describe this market – comparing the free market and to the government intervention in one graph – using supply and demand; reference and discuss your graph in your paper. Explain the current government intervention and exactly how it corrects the problems of the free market.

Evaluate the limitations of these policies. Also consider how these policies fare in terms of the efficiency vs. equity debate.