
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!








