You Are A Manager Of An Organization That Distributes Blood To Hospitals In America 3440087

A.1 Market Equilibrium Question 1: You are a manager of an organization that distributes blood to hospitals in America. A recent report indicates that nearly 50 Americans contract HIV each year through blood transfusions. Although every pint of blood donated in America undergoes nine different tests, existing screening methods are not perfect. The current price of blood is $70 per pint Researchers have developed new screening methods that will detect all contaminated blood. As a result, the demand and supply for blood changes to Q 8 P and Q 2P 6 Compute the new equilibrium price and quantity. And compute the new consumer surplus and producer surplus. Graph your findings Answer to Question:

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