HI! These are questions for my practice homework worksheet. If I can get explanations for these questions to help me when it comes to my real homework it would mean a lot! thanks.

1) Assume the sale of human organs is legalized and a free market develops. Furthermore, assume the market is in equilibrium. Describe any supply and demand shifts that may occur from the following and give the comparative statics (the price and quantity impacts):

a) An increase in the incomes of potential buyers of human kidneys.

b) A decrease in the price of kidney dialysis.

c) The development of a new drug that leaves the immune system intact while preventing transplant rejection (Waldholz, 1992).

d) A greater willingness by individuals to supply human kidneys.