Supply and demand worksheets
Why prices go up and down.
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How to make supply and demand worksheets
- 1
Choose which kinds of questions to include and how many of each.
- 2
Tap “New worksheet” for a fresh mix of questions.
- 3
Edit the title and choose A4 or US Letter.
- 4
Download the PDF with its answer key and print it.
About these supply and demand worksheets
Why do tomatoes cost more after a bad harvest and flights more in the holidays? These worksheets explain supply and demand, shortages and surpluses, equilibrium price, competition, profit, inflation and substitutes using everyday Indian examples.
What the worksheet covers
The question bank for this topic has 12 key terms, 10 true-or-false statements, 8 multiple-choice questions, 8 fill-in-the-blank sentences and 4 short-answer questions. Each worksheet mixes a selection, so no two are the same.
- Question types: match words to meanings, fill in the blanks, true or false, multiple choice, short answers, word search.
- Key words: supply, demand, price, market, shortage, surplus, equilibrium, competition, profit, cost, inflation, substitute.
- Best for: grades 6–10 (ages 11–16).
More worksheets
Find more topics in social studies worksheets. Every worksheet is made on your device, and nothing is uploaded.
Frequently asked questions
What happens to price when demand rises?
If supply stays the same, a rise in demand usually pushes the price up, as with umbrellas in the monsoon.
Will every worksheet be the same?
No. Each tap of “New worksheet” picks a different mix of questions from the topic’s question bank, so you can give different versions to different students.
Is there an answer key?
Yes. Every worksheet ends with an answer key on its own page. Switch it off if you’re giving the sheet as a test.
Can I print it in black and white?
Yes. The worksheet uses light tints that print clearly in grey, or pick the grey colour theme.
What age is this worksheet for?
Grades 6–10 (ages 11–16). The questions use plain language and avoid trick wording.