Name:______________________

Date:_______________________

Supply and Demand Worksheet

1. Dwight is a beet farmer and normally sells beets at $1.00 per pound. This results in 25
producers willing to sell his beets. Today, Dwight decides to sell beets a $1.25, which
results in 30 producers willing to sell his beets. With the given information, draw me a
graph displaying the Quantity Supply.

2. Michael creates parts for bikes and sells the parts at $10.00 a piece. As a result, 50 people
are willing to purchase these parts. On this particular day, Michael is having a sale in
which the parts are now being sold at $8.00 a piece. This means that 75 people are willing
to buy his parts. With this given information, draw a graph displaying the Quantity
Demand.

3. Meredith knits quilts and sells the quilts at $20.00 a quilt. With this price, Meredith can
sell roughly 5 quilts a day. Meredith decides to try and LOWER the price in order to get
more customers to buy her quilts. With this information create a table that represents an
INCREASE in Quantity Demand.

4. Kelly makes footballs and sells the footballs at $25.00 a ball. With this price 100
producers are willing to sell her footballs. Kelly decides to INCREASE the price in order
to get more producers to sell her footballs. With this information create a table that
represents an INCREASE in Quantity Supply.

5. Toby sells lemonade at $.75 per glass of lemonade. Each day he sells roughly 15 glasses
of lemonade. The next day, Toby decides to INCREASE the price to $1.00 per glass of
lemonade. This increase results in 10 people buying a glass of lemonade. With the given
information, draw a graph that represents Quantity Demand.

6. Pam is a cell phone distributor and sells her phones at $100.00 a phone. With this price,
200 producers are willing to sell the cell phones. Pam now wants to sell her phones to
producers at $50.00 a phone, which results in 100 producers are willing to sell the cell
phones. With this given information, draw a graph that represents Quantity Supply.

7. Heidi owns a taco stand and sells tacos at $5.00 a taco. Heidi becomes stressed out with
how many customers she deals with in a day and decides to INCREASE the price of her
tacos to reduce the stress. With this given information create a table that represents the
Quantity Demand.

8. Phyllis makes silverware for various dining companies and sells each piece of silverware
at $4.00 a piece. At this price, 60 producers are willing to sell her silverware at that price.
Phyllis decides to DECREASE her selling price. With this given information create a
table that represents the Quantity Supply.