Supply, Demand, & Scarcity

Front

The amount of goods you have is your ___.

Back

supply

Front

The amount of people who want to buy goods is called the ___.

Back

demand

Front

When there is not enough of the supply to meet the demand is called ___.

Back

scarcity

Front

What is the supply of the apples at H-E-B if there are 400 apples and 84 were sold?

Back

High Supply

Front

At H-E-B there are 400 apples in the produce section. At the end of the day 84 apples were sold. What is the demand of the apples?

Back

Low Demand

Front

There are 12 laptops, but 22 students want to use them. What is the supply of the laptops?

Back

Low Supply

Front

There are 12 laptops, but 22 students want to use them. What is the demand of the laptops?

Back

High Demand

Front

What is the demand of the pool noodles if 200 were set out and 189 are still available?

Back

Low Demand

Front

If the supply is high, but the demand is low business owners should ___ their price.

Back

decrease

Front

If the supply is low, but the demand is high business owners should ___ their price.

Back

increase