Supply and Demand Exit Ticket

Supply is...

• A person who makes goods or provides a service

• The number of items available to a customer

Demand is...

• A person who buys a good or a service

• The number of items wanted

Scarcity is...

• Not enough goods or resources

• The number of items wanted

In summer there might be a high demand for...

• sunscreen

• sleds

• rakes

Jose noticed that most of the pool floats had been bought at the store. The pool floats were ________.

• supplied

• produced

• scarce