Supply and Demand

Supply is the amount of a

good or service that is
available.

Demand is the amount of

a good or service that
people want.
Surplus and Shortage

Surplus is when there is

more of a product than is
being demanded.

Shortage is when there is

not enough of a product
to meet the demand.
Activity Directions

There will be five groups 2 groups with 3 students

and 3 groups with 4 students. Each groups will
have a list of candy bars they need to have. NOT
EVERY GROUP WILL BE ABLE TO MEET THEIR
GOAL. Some candy bars will be in high demand
with limited supply (shortage) and some candy
bars will have too many in supply when they are
not being demanded (surplus). Students will work
thorough this activity (trade) and the first group to
meet their goal wins! Post activity questions will
be ask to draw conclusions from the activity.
 Supply and Demand

Supply:

Demand:

Surplus:

Shortage: