Answer:
A). Decrease the money supply so interest rates rise.
Explanation:
This could be explained simply because change in money supply results in changes in price levels and/or a change in supply of goods and services. An increase in money supply results in a decrease in the value of money because an increase in money supply causes a rise in inflation. As inflation rises, the purchasing power, or the value of money, decreases.
A change in interest rates is one way to make that correspondence happen. A fall in interest rates increases the amount of money people wish to hold, while a rise in interest rates decreases that amount. A change in prices is another way to make the money supply equal the amount demanded.
For a monopolist, price is above marginal revenue.
<h3>What is monopolist market?</h3>
A monopolist market is a market with managed alone.
The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.
But a high price above the revenue will equal to profit.
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He should remind Dave about the racing bike purchase contract if he really wants the bike. The action can be done if there was a binding clause in the contract which binds Sam as the only buyer. Sam has a better option which is to sell the contract to Gene with a price higher than the first price but lower than the last price in order to gain a return from the bike purchase contract.
Answer:
The cattle industry began in the far west and furnished the great plain areas with livestock. The cattle industry progressively lost its relevance because of the excessive westward expansion, resulting in competition for the industry. There was too much cattle, but not enough food and land to sustain such great populations of livestock.
