Supply and Demand

Grade 4 Social Studies Worksheet - Challenge Me

Circle the answer.

1. 1.

   Look at the graph. How many more pairs of boots do buyers want than the store has?

   • 25 pairs
   • 15 pairs
   • 40 pairs
   • 55 pairs
2. 2.

   A store had 40 puzzles and 40 buyers. Then 15 more buyers came. What does the store have now?

   • a shortage of 55 puzzles
   • a shortage of 15 puzzles
   • a surplus of 15 puzzles
   • just enough puzzles
3. 3.

   A new company starts making backpacks. Stores get many more backpacks. The number of buyers stays the same. What will probably happen to backpack prices?

   • Prices will probably go down.
   • Prices will stay the same.
   • Prices will probably go up.
   • Prices will go up because there are more backpacks.