Economics: Supply and Demand School

Economics: Supply and Demand School

Multiple Choice

Mrs. Ryan's class is raising money for a class fundraiser by selling donuts. Each day, they have 25 donuts to sell.

On the first day of school, the class sold all the donuts in the first 5 minutes. What was higher, the demand or the supply?

• Supply

• Demand

Multiple Choice

Mrs. Ryan's class is raising money for a class fundraiser by selling donuts. Each day, they have 25 donuts to sell.

On the second day of school, the class got 20 more donuts to sell. Did they increase the supply or the demand?

• Supply

• Demand

Multiple Choice

Mrs. Ryan's class is raising money for a class fundraiser by selling donuts. Each day, they have 25 donuts to sell.

On Wednesdays, the cafeteria gives away free muffins. Do you think this caused the demand for donuts to go up or down?

• Up

• Down

Multiple Choice

Mrs. Ryan's class is raising money for a class fundraiser by selling donuts. Each day, they have 25 donuts to sell.

On Thursdays, the class sold donuts with cookie crumb topping. Do you think this caused the demand for donuts to go up or down?

• Up

• Down

Poll

Do you think the class wants a higher demand or a higher supply of donuts?

• Higher Supply

• Higher Demand

Open Ended

If the class lowers the supply of donuts to 10 donuts a day, what could they do with the price?