Supply and Demand (Silk Road)

Poll

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Poll

Check in with your body. How does your body feel?

• calm

• anxious

• sad or frustrated

• all good!

Open Ended

How did you feel about the quiz yesterday?

Drag and Drop

​

Placeholder

is how much stuff is available to buy.

​

Placeholder

is how many people want to buy it.

Drag these tiles and drop them in the correct blank above

Supply

Demand

Multiple Choice

If supply goes up, the price goes

• down
• up

• stays the same

Multiple Choice

If supply goes down, the price goes

• down
• up

• stays the same

Multiple Choice

During a shortage of bottled water, what is the most likely effect on its price?

• The price will decrease.

• The price will stay the same.

• The price will increase.

Multiple Choice

What happens to the price of a toy when more children want to buy it than there are toys available?

• The price decreases because the demand is high.

• The price stays the same because the toys are popular.

• The price increases because the demand is higher than the supply.

• The price decreases because the toys are not popular.

Multiple Choice

What happens to the price when demand goes up?

• The price goes down

• The price stays the same

• The price goes up

• The price fluctuates

Multiple Choice

What happens to the price when demand goes down?

• The price goes up

• The price stays the same

• The price goes down

• The price fluctuates

Multiple Choice

If the store has 100 packs of toilet paper and 200 people want to buy it, is it a shortage or surplus?

• shortage

• surplus

Drag and Drop

If there is too much supply, this is called a ​

Placeholder

, but if there is no enough supply, it is called ​

Placeholder

.

Drag these tiles and drop them in the correct blank above

surplus

scarcity

Match

Match the following

• When there is more supply than demand

• When there is more demand than supply

• When supply and demand are the same

Surplus

Scarcity

Equilibrium

• Surplus

• Scarcity

• Equilibrium

Drag and Drop

Americans rely on Hawaii to provide pineapples for us to eat. After the wildfire in Maui, Hawaii, the ​

Placeholder

and the ​

Placeholder

.

Drag these tiles and drop them in the correct blank above

supply goes down

price goes up

supply goes up

demand goes down

demand goes up

price goes down

Drag and Drop

The TV show Popeye said that eating spinach makes you strong. Because of this the ​

Placeholder

and therefore the ​

Placeholder

.

Drag these tiles and drop them in the correct blank above

supply goes down

price goes up

supply goes up

demand goes down

demand goes up

price goes down

Drag and Drop

The people in a town love donuts. They have a Krispy Kreme already, but they just built a Dunkin' Donuts. Because of this, the ​

Placeholder

and the ​

Placeholder

.

Drag these tiles and drop them in the correct blank above

supply goes down

price goes up

supply goes up

demand goes down

demand goes up

price goes down