question archive Take another delicate procedure: liver transplants
Take another delicate procedure: liver transplants
Subject:EconomicsPrice:2.88 Bought3
Take another delicate procedure: liver transplants. Would you think the demand for liver transplants is more or less price-elastic than the demand for abortions? Explain your reasoning.
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We would expect the demand for live transplants to be less elastic than the demand for abortions. This is because liver transplants can be the difference between life and death. Thus, even if the prices go up, people do not have any option but to get a transplant.
