Supply and Demand Practice

How might stores respond to a decrease in demand for a clothing brand that was once popular?

• Lower prices
• Raise prices
• Stop selling the brand
• Keep prices the same

If there are many cookies left at a school bake sale and few students interested in buying, what might happen to the price of cookies?

• Stop selling cookies
• Keep the price the same
• Increase the price
• Decrease the price

If there's a sudden shortage of apples in a school fruit market, what might happen to the price of apples?

• Increase the price
• Decrease the price
• Keep the price the same
• Stop selling apples

How might stores respond to a decrease in demand for a trendy brand of basketball shoes?

• Lower prices
• Raise prices
• Stop selling the shoes
• Keep prices the same

How might a theater respond to high demand for tickets to a popular movie?

• Stop selling tickets
• Keep ticket prices the same
• Lower ticket prices
• Raise ticket prices

What could lead to higher prices for a popular toy among middle school students?

• Limited supply
• Abundant supply
• Decrease in demand
• No change in supply

What could cause the price of a particular brand of basketball shoes to drop?

• No change in demand
• Increase in demand
• Decrease in demand
• Decrease in supply

What could happen to the price of tutoring services during a busy academic period?

• Stop offering services
• Charge higher rates
• Offer discounts
• Keep rates the same

What could happen to the price of a new video game console if the supply is limited?

• Increase the price
• Decrease the price
• Stop selling the console
• Keep the price the same

What could happen to the price of a new video game console if the supply is abundant and not many students are interested?

• Decrease the price
• Stop selling the console
• Increase the price
• Keep the price the same