Explain the relationship between supply and demand using the cookie example.
Supply and Demand
Interactive Video
•
Social Studies, Business
•
4th Grade - University
•
Hard
Quizizz Content
FREE Resource
Dr. Forrester explains the concepts of supply and demand using examples of a lemonade stand and a cookie store. The video illustrates how supply and demand affect pricing, showing scenarios with high demand and low supply, as well as high supply and low demand. The impact of competition on pricing is also discussed, highlighting how increased supply can lead to lower prices. The video concludes with a summary of these economic principles.
Read more
2 questions
Show all answers
1.
OPEN ENDED QUESTION
3 mins • 1 pt
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
What can producers do when there is high demand and low supply?
Evaluate responses using AI:
OFF
Similar Resources on Quizizz
2 questions
The Turbulent Economics of the Airline Industry | Economics Explained
Interactive video
•
7th - 12th Grade
4 questions
Inflation Is Driving Secondhand Markets Out Of Control, Here’s Why: Breaking Market Expectations
Interactive video
•
7th - 12th Grade
8 questions
Here's Why Supply And Demand Is Overrated!: Sticky Prices
Interactive video
•
7th - 12th Grade
11 questions
The Turbulent Economics of the Airline Industry | Economics Explained
Interactive video
•
7th - 12th Grade
11 questions
Why Can't You Buy Anything Anymore? Well It's Not All The Virus' Fault | Economics Explained
Interactive video
•
7th - 12th Grade
11 questions
The Multi-Billion Dollar Industry You've Never Heard Of
Interactive video
•
7th - 12th Grade
2 questions
Supply and Demand
Interactive video
•
4th Grade - University
2 questions
Why Can't You Buy Anything Anymore? Well It's Not All The Virus' Fault | Economics Explained
Interactive video
•
7th - 12th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles
Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)
Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System
Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice
Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers
Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons
Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)
Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review
Quiz
•
10th Grade
Discover more resources for Social Studies
25 questions
Equations of Circles
Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)
Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System
Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice
Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers
Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons
Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)
Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review
Quiz
•
10th Grade