The following figure shows the demand (D)and supply (S)curves of human organs Figure 18.5 Which of the following factors might have led to a fall in the price of human organs from P₂ to P₃ in Figure 18.5?

Question

Quizplus · Accepted Answer

An increase in the supply of alternatives to organs created by technological changes would shift the supply curve to the right, leading to a fall in the equilibrium price from P₂ to P₃. This is because there would be more substitutes available for human organs, reducing the demand for them and hence lowering their price. The other options do not explain the shift in the equilibrium price.

The Following Figure Shows the Demand (D)and Supply (S)curves of Human