Supply and Demand Curves

Start with the graphing sheet so students see the curves before they reason about shifts. Use the scenario cards as a partner sort, asking each pair to say whether demand or supply changed before writing the letter.

Plot lemonade supply and demand curves, then find the equilibrium price and any surplus. The directions on the page read: Read the text and table. Plot the demand and supply points on the grid, connect each set, and label the lines D and S. Circle where they cross and write the price there. An answer key is included.

Yes, both. We made it for 6th Grade Economics and Money, and the page works the same whether it lands on a kitchen table or a center rotation. At home, most families go through it together and talk the answers out loud, and that talking is where most of the learning happens with supply and demand. In class it runs well as independent work while you pull a small group. Print one copy or thirty, whichever the day needs.

The equilibrium is the point where the demand and supply curves cross. At that price, the quantity buyers want equals the quantity sellers offer. On Supply and Demand Curves students find it by plotting lemonade prices and quantities on a grid.

A shortage happens when the price is below equilibrium and buyers want more than sellers offer, so prices tend to rise. A surplus happens when the price is above equilibrium and sellers offer more than buyers want, so sellers tend to lower prices.

More buyers or less to sell pushes a price up, and fewer buyers or more to sell pushes it down. Supply and Demand Scenarios applies that rule to products such as blueberries, lumber, sunscreen and shirts.