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12.15 Market Data Tables and Graph Interpretation 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 12.15 Market Data Tables and Graph Interpretation. Students are guided through targeted exercises that build foundational understanding, computational accuracy, and critical thinking skills.

Market Data Tables and Graph Interpretation: Choose the table, graph, or conclusion that correctly represents the market data. 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) 12.15 - Market Data Tables and Graph Interpretation: Choose the table, graph, or conclusion that correctly represents the market data. Standards alignment: C3 D2.Eco.3-5.9-12; CCSS RH.11-12.7; CCSS MP2/MP4/MP6; AP Micro Skill 4; NAEP Econ: Data/Reasoning; CA HSS-PoE.12.2; VA EPF.

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

Preview the types of problems and questions covered in this worksheet

Below are sample questions representative of the exercises included on this worksheet and related 12.15 Market Data Tables and Graph Interpretation skill assessments:

Problem 1Difficulty: Mastery

The image shows a market schedule with prices in euros and quantities in thousands. Which conclusion reads both units correctly?

AAt €30, the market has a shortage of 40,000 units.

BAt €30, the market has a surplus of 40 units.

CAt €30, the market has a surplus of 40,000 units.

DAt €30, the market clears because the price is listed in euros.

Solution & Explanation:At €30, quantity supplied is 160 thousand and quantity demanded is 120 thousand. The surplus is 40 thousand, or 40,000 units.

Problem 2Difficulty: Mastery

The image shows a market graph with a demand curve D and supply curve S. A horizontal line at $14 crosses D at quantity 900 and S at quantity 500. Which conclusion is correct?

AAt $14, quantity supplied is 900 and quantity demanded is 500.

BAt $14, there is a surplus of 400 units.

CAt $14, there is a shortage of 400 units.

DAt $14, there is equilibrium because both curves are crossed by the line.

Solution & Explanation:At the price of $14, quantity demanded is 900 and quantity supplied is 500. The difference is 400 units, and demand exceeds supply, so there is a shortage.

Problem 3Difficulty: Mastery

The image shows supply and demand data for the same good in two cities at a price of $25. Which comparison is correct?

ACity R has a shortage of 90 units, while City S has a surplus of 70 units.

BCity R has a surplus of 90 units, while City S has a shortage of 70 units.

CBoth cities are in equilibrium because each has two quantity values.

DBoth cities have surpluses because the price is the same.

Solution & Explanation:City R has Qs 410 and Qd 320, a surplus of 90. City S has Qd 500 and Qs 430, a shortage of 70.

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Frequently Asked Questions

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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 12.15 (Choose the table, graph, or conclusion that correctly represents the market data. Standards alignment: C3 D2.Eco.3-5.9-12; CCSS RH.11-12.7; CCSS MP2/MP4/MP6; AP Micro Skill 4; NAEP Econ: Data/Reasoning; CA HSS-PoE.12.2; VA EPF.).