Question: A few years ago the bidding for a human kidney

A few years ago, the bidding for a human kidney offered on the Internet auction site eBay hit $ 5.7 million before the company put a stop to it citing a federal law that makes it illegal to sell one’s own organs. Using a supply and demand graph, explain this bidding phenomenon given that the federal law mandates a price of zero for the sale of body organs.

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  • CreatedNovember 14, 2014
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