A man appeared in one village and announced to the villagers that he would buy monkeys for $10.
The villagers seeing that there were many monkeys around their village, they went out to the forest and started catching them. The man bought thousands at $10. When
supply started to diminish, he again announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again. Soon
the supply diminished again. The man then increased the offer rate to $25 but now the supply of monkeys became so little that it was an effort to even see a monkey, let alone catching it!
The man announced that he would now buy at $100! and, since he had to go to the city on some business, his assistant would now buy on his behalf . In the absence of
the man, the assistant told the villagers “Look..all these monkeys in the big cage that the man has bought…….I will sell them to you at $75 and when the man returns from
the city, you can sell it to him for $100. The villagers squeezed up with all their savings and bought all the monkeys.
After they bought all the monkeys, they never saw the man and his assistant again, only monkeys everywhere!
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