Here is the Problem. I have already solved the Price Units of Blood Consumer surplus and Producer Show more Here is the Problem. I have already solved the Price Units of Blood Consumer surplus and Producer surplus. The problem I am having is calculating the pionts on the graph for the Consumer and Producer surplus. I need help identifying what the pionts are for each. You are the manager of an organization in America that distributes blood to hospitals in all 50 states and the District of Columbia. A recent report indicates that nearly 50 Americans contract HIV each year through blood transfusions. Although every pint of blood donated in the United States undergoes a battery of nine different tests existing screening methods can detect only the antibodies produced by the bodys immune system not foreign agents in the blood. Since it takes weeks or even months for these antibodies to build up in the blood newly infected HIV donors can pass along the virus through blood that has passed existing screening tests. Happily researchers have developed a series of new tests aimed at detecting and removing infections from donated blood before it is used in transfusions. The obvious benefit of these tests is the reduced incidence of infection through blood transfusions. The report indicates that the current price of decontaminated blood is $60 per pint. However if the new screening methods are adopted the demand and supply for decontaminated blood will change to Qd = 210 1.5P and Qs = 2.5P 150 What price do you expect to prevail if the new screening methods are adopted? How many units of blood will be used in the United States? What is the level of consumer and producer surplus? Illustrate your findings in a graph. Price: $90 Units of blood: 75 Consumer surplus: 1875 Producer surplus:1125 Note .Use the tools provided to graph the supply and demand curves from 0 to 150 pints of blood (two points total for each curve). Indicate consumer and producer surplus. Demand points: (0140) (750) Supply points:(060) (100100) Consumer Surplus points? Producer Surplus points? Show less

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