Supply and Demand
Interactive Video
•
Social Studies, Business
•
4th Grade - University
•
Hard
Wayground Content
FREE Resource
Dr. Forrester explains the concepts of supply and demand using examples of a lemonade stand and a cookie store. The video illustrates how supply and demand affect pricing, showing scenarios with high demand and low supply, as well as high supply and low demand. The impact of competition on pricing is also discussed, highlighting how increased supply can lead to lower prices. The video concludes with a summary of these economic principles.
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OPEN ENDED QUESTION
3 mins • 1 pt
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