Explain how many units of blood wil be used in the us. what, Ask an Expert

Economics

The reports iniccates that the current price of decontaminated blood is 80 per pint. However, if the new screening methods are adopted the demand and supply for decontaminated blood will change to Qd=175-P and Qs=2P-200. What price do you expect to prevail if the new screening methods are adopted? Explain how many units of blood wil be used in the US? What is the level of consumer and prduce surplus? Illustrate your finding in a graph

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9273386

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