Supply and Demand

Flashcard
•
Social Studies
•
3rd - 5th Grade
•
Hard
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Used 2+ times
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22 questions
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1.
FLASHCARD QUESTION
Front
Farmers in California have had wonderful weather. They have produced the largest crop of watermelons in years. What will happen to the price of watermelons?
Back
The price will go down.
2.
FLASHCARD QUESTION
Front
Cold weather in Florida has damaged this year’s orange crop. Farmers have only half of the usual amount of oranges to sell. What will happen to the price of oranges?
Back
The price will go up.
3.
FLASHCARD QUESTION
Front
Millions of people see a famous sports star drinking apple juice on television. The fans think apple juice helps make the athlete strong. What will happen to the price of apple juice?
Back
The price will go up.
4.
FLASHCARD QUESTION
Front
What will happen to the price of pumpkins on the day after Halloween?
Back
The price will go down.
5.
FLASHCARD QUESTION
Front
What happens if you have a rare football trading card? Your friends really want that card. The supply of that card is low, while demand for it is high. What will happen to the price of the card?
Back
The price will go up.
6.
FLASHCARD QUESTION
Front
What will happen to the price of the tickets for the sold-out Star Wars movie when many people want to buy them?
Back
The price will go up.
7.
FLASHCARD QUESTION
Front
Amazon Prime is selling Smencils. There are only a few packs left and they are very popular. What will happen to the price?
Back
The price will go up.
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