Supply and demand practice

Presentation

•

Social Studies

•

7th Grade

•

Practice Problem

•

Easy

Jana Lane

Used 2+ times

FREE Resource

1 Slide • 12 Questions

Supply and Demand Practice

Labelling

Drag the labels to the correct place.

Drag labels to their correct position on the image

Demand Curve

Supply Curve

Price

Quanitity

Categorize

Options (12)

Consumer preferences

Price of substitute

Price of complement

Consumer Incomes

Population

Consumer Expectations

Resource Cost

New Production technology

Taxes

Subsidies

Producer Expectations

Number of Producers

Sort what shifts supply and what shifts demand.

Demand Shifter

Supply Shifter

Draw

Graph the change in the market for hot sauce if chicken wingsgo on sale.

Drag and Drop

The demand for hot sauce has gone up, so equilibrium price has

and equilibrium quantity has

Drag these tiles and drop them in the correct blank above

increased

decreased

not changed

increased.

Dropdown

Hot peppers grew really well this year. This graph of the hot sauce market shows an increase in

and a change in

. Producers are responding to

, while consumers are responding to a lower

Draw

Add a price ceiling to the graph.

Dropdown

The government put a limit on the price of iPhones, creating a

Draw

Graph the change in the market for hot sauce if pepper farms are destroyed in a storm.

Drag and Drop

The supply of hot sauce has gone down, so equilibrium price has

and equilibrium quantity has

Drag these tiles and drop them in the correct blank above

increased

decreased

not changed

decreased.

Labelling

Drag the label to the correct graph.

Drag labels to their correct position on the image

Increase in Supply

Decrease in Supply

Decrease in Demand

Increase in demand

Match

Match the following as they relate to the lemonade market:

News: Lemonade prevents kidney stones.

Soda is on sale today.

The lemon crop is the biggest it has been in years.

Lemonade workers insist on a $3/hr pay raise.

Increase in Demand

Decrease in Demand

Increase in Supply

Decrease in supply

Categorize

Options (7)

Government subsidizes iPhone production.

New process makes manufacturing iPhones easier.

Newest Pixel phone has better camera.

Tax on iPhones is imposed in the US.

iPhone becomes the only provider that carries TikTok.

Silicon chip shortage affects cell phone industry.

Android phones see a 10% price increase.

Sort the stories by how they will affect the market for iPhones.

Increase Supply

Decrease supply

Increase Demand

Decrease demand.

Supply and Demand Practice

Show answer

Auto Play

Slide 1 / 13

SLIDE

Similar Resources on Wayground

10 questions

Washington precedents

Presentation

•

7th Grade

10 questions

Articles of Confederation

Presentation

•

7th Grade

8 questions

Geography

Presentation

•

7th Grade

11 questions

Prehistory Lesson 1: Hunters-Gatherers

Presentation

•

7th Grade

9 questions

Africa: Economic Systems DT #6 Re-Performance Lesson

Presentation

•

7th Grade

8 questions

Regions of the 13 Colonies

Presentation

•

8th Grade

10 questions

Intro Conclusion Review

Presentation

•

7th Grade

10 questions

HTML Editors

Presentation

•

7th Grade

Popular Resources on Wayground

24 questions

PBIS-HGMS Day 10

Quiz

•

6th - 8th Grade

10 questions

HCS SCI 03 Summer School Review 3

Quiz

•

3rd Grade

11 questions

Home Scope

Quiz

•

7th - 8th Grade

15 questions

HCS SCI 05 Summer School Assessment 3 Review

Quiz

•

5th Grade

35 questions

Lufkin Road Middle School Student Handbook & Policies Assessment

Quiz

•

7th Grade

18 questions

Geo 11.3 Area of Circles and Sectors

Quiz

•

9th - 11th Grade

Discover more resources for Social Studies

24 questions

PBIS-HGMS Day 10

Quiz

•

6th - 8th Grade

11 questions

Home Scope

Quiz

•

7th - 8th Grade

35 questions

Lufkin Road Middle School Student Handbook & Policies Assessment

Quiz

•

7th Grade