In a market economy, prices are determined by supply and demand. How is the price of an item affected if the supply goes down? A. The price of the item will go down. B. The price of the item will stay the same. C. The price of the item will go up. D. The price will go down, but then it will go up.

C: The price will go down.

Explanation:

This is because there will be less demand since there is so less of them left.

monopolies  came to the united states with the colonial administration. the large-scale public works needed to make the new world hospitable to old world immigrants required large companies to carry them out. these companies were granted exclusive contracts for these works by the colonial administrators. even after the american revolution, many of these colonial holdovers still functioned due to the contracts and land

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