Supply and Demand

Supply is...

• how much time is left

• how much of something you bought

• how much of something there is to buy

• the items puchased

Demand is ....

• how much you like something

• what you already have

• items for sale

• how much people want something

Everyone wants the new sneakers that just came out. The demand is

• low

• high

• even

• reduced

The day after Christmas, the demand for Chirstmas trees is

• low

• high

• even

• medium

During what month is the demand for school supplies highest?

• November

• March

• May

• August

A store might try to increase demand for their products by...

• raising the price

• making more of the product

• lowering the price

• getting rid of items people don't want

If everyone quits buying apples, farmers will...

• grow more apples

• make apple sauce

• stop growing apples

• eat the apples themselves

If lots and lots want to buy snowballs, a snowball stand might...

• raise the price to make more money

• give the snowballs away

• close the stand

• start selling hamburgers instead