Worksheet

Supply and Demand

Grade 4 - Social Studies - On Level

NameDate

  1. Demand for bicycles changes because a new bike trail opens near town. What price effect is likely if supply stays the same?

    • the price is likely to rise if supply stays the same
    • the price may rise because more people want bicycles
    • the price may rise if the same amount is for sale
    • the price may rise if few shovels are available

  2. Supply of concert tickets changes because the theater adds another show with more seats. What price effect is likely if demand stays the same?

    • the price may fall when more berries reach the market
    • the price may fall because more bicycles are available
    • the price may fall if stores have more shovels than buyers
    • the price is likely to fall when more seats are offered

  3. 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

  4. Which evidence shows a surplus of concert tickets?

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

  5. Which statement best explains supply and demand for bicycles?

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

  6. Demand for strawberries changes because families want strawberries for a festival. What price effect is likely if supply stays the same?

    • the price is likely to rise if supply stays the same
    • the price may rise because more people want bicycles
    • the price may rise if the same amount is for sale
    • the price may rise if few shovels are available

  7. Supply of bicycles changes because a factory sends more bicycles to local stores. What price effect is likely if demand stays the same?

    • the price may fall when shelves are full
    • the price may fall if stores have more shovels than buyers
    • the price is likely to fall when more seats are offered
    • the price may fall because more bicycles are available

  8. Which evidence shows a shortage of bicycles?

    • buyers ask for more baskets than farmers brought
    • many shoppers are waiting for bikes that are sold out
    • customers want 30 pairs but the store has 12 pairs
    • the shelf is empty while students still need notebooks

  9. Which evidence shows a surplus of snow shovels?

    • many shovels are still unsold after winter
    • notebook stacks remain after most students bought supplies
    • many seats remain empty after sales close
    • extra baskets are left unsold at closing time

  10. Which statement best explains supply and demand for notebooks?

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