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Too Much or Not Enough

What is supply and demand?

Goal:

Goal:

four fish and a worm on a hook

Look at this picture to learn about supply and demand.

worm

The worm is the supply. It is the good, or product, that the fish want to have.

fish

The demand is how many fish want the supply, or the worm. The demand is very high for the worm.

four fish and one worm

In this picture, the supply is very low, and the demand is very high. There is too much demand and not enough supply.