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Grade 5social-studiesStudents explain how changes in supply and demand can affect the prices of goods and services.

Supply, Demand, and Prices

Learn how supply and demand affect prices with 10 problems, an answer key, and a free printable PDF for Grade 5.

10 problems · Standards: D2.Eco.1.3-5 · Difficulty: medium

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✅ Answer key included · ✅ Free for home & classroom use

Highlights

Grade: Grade 5
Subject: social-studies
Topic: Students explain how changes in supply and demand can affect the prices of goods and services.
Pages: 3 · worksheet + answer key
Answer key: ✅ Included
Class time: about 15 min

1. A toy store receives twice as many teddy bears as usual, but the same number of customers want to buy them. What will likely happen to the price of teddy bears?
2. During summer vacation, many more families want to visit the water park than in winter. What will likely happen to the price of water park tickets in summer?
3. A bakery makes the same amount of bread as always, but fewer people come to the store to buy it. What will likely happen to the price of bread?
4. A storm destroys many orange trees, so farmers have fewer oranges to sell. Shoppers still want the same amount of oranges. What will likely happen to the price of oranges?
5. A popular athlete starts wearing a certain brand of sneakers, and suddenly many more students want that style. The shoe store has the same number of sneakers in stock. What will likely happen to the price?
6. Three new pizza restaurants open in town, but the number of people who want pizza stays the same. What will likely happen to pizza prices?

Showing 6 of 10 problems. The free PDF includes every problem plus the full answer key.

The free PDF includes all 3 pages — every problem plus the full answer key.

10 problems across 3 pages (worksheet + answer key)
Answer key included — every answer, ready to check
Standards: D2.Eco.1.3-5
Skill: Students explain how changes in supply and demand can affect the prices of goods and services.
Suggested use: classwork, homework, or sub plans

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