Free. Exclusive. Just for you.
Four unique services that make learning easier, faster, and smarter - only on our website.

Educational supply and demand worksheet for students with a cartoon illustration and questions.

A worksheet titled "Supply and Demand" with a cartoon illustration of a farmer and a chicken, featuring text and questions about supply and demand concepts related to eggs.

A worksheet titled "Supply and Demand" with a cartoon illustration of a farmer and a chicken, featuring text and questions about supply and demand concepts related to eggs.

PNG 321×413 77 KB Free · Personal Use
Quality Assured by Worksheets Library Team
Reviewed for educational accuracy and age-appropriateness
ID: #407635
Show Answer Key & Explanations Step-by-step solution for: Money and Economics Worksheets - Supply and Demand | Economics ...
Let’s go step by step through each question using the supply and demand rules from the top of the page.

---

Question 1:
> In April, many people wanted to buy eggs for Easter. Was the demand for eggs higher or lower than normal?

- The text says: “Demand is how many people want the goods that are available.”
- If *many* people want something → high demand
- Easter is a special time when lots of people buy eggs (for decorating, eating, etc.)
→ So, demand was higher than normal.

Answer: Higher

---

Question 2:
> In June, six of Jim and Kate’s hens were sick and could not lay eggs. Was the supply of eggs higher or lower than normal?

- Supply = amount of goods available at a given time.
- Fewer hens laying eggs → fewer eggs available → lower supply
→ Even if they still have some eggs, it’s less than usual because 6 hens aren’t producing.

Answer: Lower

---

Question 3:
> In August, Jim and Kate bought ten more hens. Did this cause the supply of eggs to go up or down?

- More hens → more eggs being laid → more eggs available
→ That means supply goes up

Answer: Up

---

Question 4:
> October was national pancake month. Because of this, many people stopped buying eggs. Did this cause the demand to go up or down?

- Demand = how many people want the good
- If many people stop buying eggs → fewer people want them → demand goes down

Answer: Down

---

Question 5:
> Do you think Jim and Kate like the demand for eggs to be high or low? Why? Explain.

- They sell eggs to supermarkets — so they make money when people buy eggs.
- High demand = more people want to buy = they can sell more eggs = more money
- Low demand = fewer buyers = harder to sell = less money

So, they would prefer high demand.

Answer:
They like high demand because more people buying eggs means they can sell more and earn more money.

---

Question 6:
> If most of the hens stop laying and eggs become scarce, what will probably happen to the price of eggs? Explain.

- Scarcity = not enough supply for the demand
- From the top box: “If there isn’t enough of something available for sale, the supply is low. There is a scarcity.”
- When supply is low but people still want eggs (demand stays same or high), sellers can charge more
→ Prices usually go up when things are scarce

Answer:
The price of eggs will probably go up because when eggs are scarce (low supply) but people still want them, sellers raise prices.

---

Final Answer:

1. Higher
2. Lower
3. Up
4. Down
5. They like high demand because more people buying eggs means they can sell more and earn more money.
6. The price of eggs will probably go up because when eggs are scarce (low supply) but people still want them, sellers raise prices.
Parent Tip: Review the logic above to help your child master the concept of economics supply and demand worksheet.
Print Download

How to use

Click Print to open a print-ready version directly in your browser, or use Download to save the file to your device. The ⭐ Answer button generates an AI answer key instantly - useful for teachers who need a quick reference. Need a different version? Our AI Worksheet Generator lets you create a custom worksheet on any topic in seconds.

(view all economics supply and demand worksheet)

Supply and Demand Elementary Economics, Distance Learning Worksheets PDF
Supply & Demand Worksheet - Have Fun Teaching
Supply and Demand Facts & Worksheets | Economics for Kids
Supply and Demand | Economics Social Studies for Google Classroom ...
Supply and Demand Facts & Worksheets | Economics for Kids
Supply & Demand (Economics) Worksheet for 3rd - 4th Grade | Lesson ...
Supply and Demand Graphing Activity (teacher made) - Twinkl
Free Supply and Demand Worksheets - Practice and Activities
Supply and Demand | Economics Social Studies for Google Classroom ...
Supply and Demand Quick Quiz (teacher made) - Twinkl