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Supply and Demand

Is it high or low?

Goal:

Goal:

You know that supply is the good or service that is wanted. Now, decide if the supply is low or high and the demand for it is low or high.

two kids and one bear

In this picture, the supply is the teddy bear. There is one 1 teddy bear and 2 kids who want it. The supply is low, and the demand is high.

candy store with a few customers

This picture shows a store filled with candy, and four people who want some. The supply, the amount of candy, is high, and the demand for it is low.

kids with books

This picture shows an equal number of kids and books. The supply, the number of books, and the demand for them are the same.

Now, it's your turn. Look at each picture, and decide if the supply and demand are high or low.

lots of worms, one fish
  1. Supply is low. Demand is high.
  2. Supply is high. Demand is low.
  3. Supply and demand are the same.
4 worms, 4 fish
  1. Supply is low. Demand is high.
  2. Supply is high. Demand is low.
  3. Supply and demand are the same.
5 fish, one worm
  1. Supply is low. Demand is high.
  2. Supply is high. Demand is low.
  3. Supply and demand are the same.
  1. Supply is low. Demand is high.
  2. Supply is high. Demand is low.
  3. Supply and demand are the same.
fruit stand with one customer
  1. Supply is low. Demand is high.
  2. Supply is high. Demand is low.
  3. Supply and demand are the same.
long ride line
  1. Supply is low. Demand is high.
  2. Supply is high. Demand is low.
  3. Supply and demand are the same.

Summary

Questions answered correctly:

Questions answered incorrectly:

Nice job!