Worksheet

Supply and Demand

Grade 4 - Social Studies - Challenge Me

NameDate

  1. Demand for notebooks changes because school starts and many students need notebooks. What price effect is likely if supply stays the same?

    • the price may rise if stores cannot restock quickly
    • the price is likely to rise if supply stays the same
    • the price may rise if few shovels are available
    • the price is likely to rise when seats are limited

  2. Supply of rain boots changes because a shipment of extra rain boots arrives. What price effect is likely if demand stays the same?

    • the price is likely to fall if demand stays the same
    • the price may fall if stores have more shovels than buyers
    • the price may fall when shelves are full
    • the price may fall when more berries reach the market

  3. Which evidence shows a shortage of concert tickets?

    • hundreds of fans try to buy only 80 seats
    • buyers ask for more baskets than farmers brought
    • customers want 30 pairs but the store has 12 pairs
    • customers want shovels after the rack is empty

  4. Which evidence shows a surplus of notebooks?

    • notebook stacks remain after most students bought supplies
    • many shovels are still unsold after winter
    • the store has 40 pairs but customers want 15 pairs
    • extra baskets are left unsold at closing time

  5. Which statement best explains supply and demand for rain boots?

    • prices change only because maps have scales
    • supply means how many rights citizens have
    • demand means how many sellers are asleep
    • prices can change when buyer interest and available supply change

  6. Demand for snow shovels changes because a blizzard forecast makes many people want snow shovels. What price effect is likely if supply stays the same?

    • the price may rise if stores cannot restock quickly
    • the price may rise because more people want bicycles
    • the price is likely to rise if supply stays the same
    • the price may rise if few shovels are available

  7. Supply of strawberries changes because nearby farms harvest a larger strawberry crop. What price effect is likely if demand stays the same?

    • the price may fall when more berries reach the market
    • the price is likely to fall if demand stays the same
    • the price may fall if stores have more shovels than buyers
    • the price is likely to fall when more seats are offered

  8. Which evidence shows a shortage of snow shovels?

    • customers want 30 pairs but the store has 12 pairs
    • buyers ask for more baskets than farmers brought
    • many shoppers are waiting for bikes that are sold out
    • customers want shovels after the rack is empty

  9. Which evidence shows a surplus of strawberries?

    • many seats remain empty after sales close
    • extra baskets are left unsold at closing time
    • unsold bikes fill the display area
    • the store has 40 pairs but customers want 15 pairs

  10. Which statement best explains supply and demand for snow shovels?

    • prices change only because maps have scales
    • demand means how many sellers are asleep
    • supply means how many rights citizens have
    • prices can change when buyer interest and available supply change
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