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12.10 Shifts in Supply and Demand Worksheet

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Worksheet Overview & Skills Covered

Core academic competencies and curriculum alignment

This Economics & Financial Literacy Social Studies worksheet provides structured practice on 12.10 Shifts in Supply and Demand. Students are guided through targeted exercises that build foundational understanding, computational accuracy, and critical thinking skills.

Shifts in Supply and Demand: Select the graph that correctly shows the supply or demand shift and the resulting change in price and quantity. Aligned to Integrated Grade 12 Economics & Financial Literacy Framework (C3, CEE, NSPFE, CCSS RH/WHST 11-12, AP Micro/Macro, NAEP, and selected state frameworks) 12.10 - Shifts in Supply and Demand: Select the graph that correctly shows the supply or demand shift and the resulting change in price and quantity. (C3 D2.Eco.3, D2.Eco.5.9-12; CEE Econ 7-8; AP Micro U2, Skills 2-4; CCSS RH.11-12.7; NAEP Econ: Applying; CA HSS-PoE.12.2.1-2; FL SS.912.FL.)

Whether you are an educator preparing classroom handouts, a tutor reinforcing weekly topics, or a parent supporting homeschool learning, this printable resource gives students the deliberate practice required to achieve subject fluency and master state standards.

Grade

Economics & Financial Literacy

Subject

Social Studies

Domain

Social Studies Curriculum

Formats

PDF & DOCX

Sample Practice Problems

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Below are sample questions representative of the exercises included on this worksheet and related 12.10 Shifts in Supply and Demand skill assessments:

Problem 1Difficulty: Mastery

Use the initial equilibrium E1 with D1 for demand and S1 for supply. Scenario: In the market for handcrafted furniture, consumer interest declines while several workshops close; the scenario gives no relative shift size. Which graph option correctly distinguishes the curve shift from any movement along the unchanged curve and shows the equilibrium result?

AThe graph labeled B: For the handcrafted furniture market, D1 shifts left to D2 while S1 stays fixed; equilibrium price falls and equilibrium quantity falls.

BThe graph labeled D: For the handcrafted furniture market, D1 shifts left to D2 and S1 shifts left to S2; equilibrium quantity falls and equilibrium price is indeterminate.

CThe graph labeled A: For the handcrafted furniture market, D1 shifts right to D2 and S1 shifts left to S2; equilibrium price rises and equilibrium quantity is indeterminate.

DThe graph labeled C: For the handcrafted furniture market, D1 shifts left to D2 and S1 shifts right to S2; equilibrium price falls and equilibrium quantity is indeterminate.

Solution & Explanation:B is correct because both demand and supply decrease, making quantity fall while price depends on relative size. When demand and supply both decrease, quantity falls, but the price effect depends on which shift is larger. A graph that gives a definite result for both price and quantity goes beyond the information provided.

Problem 2Difficulty: Mastery

In the starting graph, equilibrium is E1, demand is D1, and supply is S1. Scenario: In the market for community garden plots, more residents want garden space while the city adds several new plots; the scenario gives no relative shift size. Which graph option correctly distinguishes the curve shift from any movement along the unchanged curve and shows the equilibrium result?

AThe graph labeled D: For the community garden plots market, S1 shifts right to S2 while D1 stays fixed; equilibrium price falls and equilibrium quantity rises.

BThe graph labeled B: For the community garden plots market, D1 shifts left to D2 and S1 shifts right to S2; equilibrium price falls and equilibrium quantity is indeterminate.

CThe graph labeled C: For the community garden plots market, D1 shifts right to D2 and S1 shifts right to S2; equilibrium quantity rises and equilibrium price is indeterminate.

DThe graph labeled A: For the community garden plots market, D1 shifts right to D2 and S1 shifts left to S2; equilibrium price rises and equilibrium quantity is indeterminate.

Solution & Explanation:C is correct because both demand and supply increase, making quantity rise while price depends on relative size. When demand and supply both increase, quantity rises, but the price effect depends on which shift is larger. A graph that gives a definite result for both price and quantity goes beyond the information provided.

Problem 3Difficulty: Mastery

The market starts at E1 with demand shown by D1 and supply shown by S1. Scenario: In the market for portable chargers, battery automation greatly expands supply while buyers slightly prefer built-in phone batteries, reducing demand a little. Which graph option correctly distinguishes the curve shift from any movement along the unchanged curve and shows the equilibrium result?

AThe graph labeled A: For the portable chargers market, S1 shifts right to S2 while D1 stays fixed; equilibrium price falls and equilibrium quantity rises.

BThe graph labeled C: For the portable chargers market, D1 shifts left and S1 shifts right, with the demand decrease larger; equilibrium price falls and quantity falls.

CThe graph labeled B: For the portable chargers market, D1 shifts left and S1 shifts right, with the supply increase larger; equilibrium price falls and quantity rises.

DThe graph labeled D: For the portable chargers market, D1 shifts left to D2 and S1 shifts right to S2; equilibrium price falls and equilibrium quantity is indeterminate.

Solution & Explanation:C is correct because the larger supply increase dominates the small demand decrease. Both shifts push price down; because the supply increase is larger, quantity rises. A graph that marks the variable as indeterminate ignores the scenario's statement about the larger shift.

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QWhat grade level and standards does this worksheet align with?

This worksheet is designed specifically for Economics & Financial Literacy Social Studies students. It aligns with educational standard 12.10 (Select the graph that correctly shows the supply or demand shift and the resulting change in price and quantity. (C3 D2.Eco.3, D2.Eco.5.9-12; CEE Econ 7-8; AP Micro U2, Skills 2-4; CCSS RH.11-12.7; NAEP Econ: Applying; CA HSS-PoE.12.2.1-2; FL SS.912.FL.)).