Supply & Demand
Welcome to Supply & Demand
Land!! I will be your host. I will teach you things about Supply &
Demand you never knew! Did you know that you can go out of business just
by forgetting the meaning of Supply & Demand? Supply
is : Materials or products that are made available
to you and me. Demand is : Certain
materials or products that you and I buy!!
See it isn't as hard as you thought.
My dog Dollar, wanted a new and improved chewy doggy bone. We looked everywhere for it, but it was nowhere. Everywhere we went the clerks said, "Sorry, we are completely out." This is a case of supply and demand! The supply of this item is very low, the store needs to meet the peoples' demands .The store needs to order more doggy bones before people start complaining. Has this ever happened to you ? Have you ever wanted a toy really really bad, and by the time you convinced your mom to buy it the stores were out ? Well, if you want to have a good business supply everything that your customers demand!!! Check out this site for other cool economics stuff!!
I will give you some questions
about supply and demand. Mark the choice that is sensible. Each time
you get the right answer you will get 20 points. When you reach 100
points you will receive the Supply and Demand certificate.
Look at the graph below and answer the questions
Question #1: Look at the chart . Which ice cream should you buy more of in your next order?
Sorry, That is the wrong answer.
Please try again!!! BACK
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