There is currently a price floor in the market for transplanted kidneys,which has helped to create a shortage of transplanted kidneys.

Question

Quizplus · Accepted Answer

A price floor typically leads to a surplus, not a shortage, because it sets a minimum price above the equilibrium, causing supply to exceed demand. In the case of transplanted kidneys, legal and ethical considerations, not price floors, are the primary reasons for shortages.

There Is Currently a Price Floor in the Market for Transplanted