Free Printable WorksheetSocial StudiesGrade 3Social Studies CurriculumC3 D2.Eco.9.3-5

3.43 Supply and Demand Worksheet

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Worksheet Overview & Skills Covered

Core academic competencies and curriculum alignment

This Grade 3 Social Studies worksheet provides structured practice on 3.43 Supply and Demand. Students are guided through targeted exercises that build foundational understanding, computational accuracy, and critical thinking skills.

Supply and Demand (Intro) - Choose the graph or statement that best shows a shortage or surplus or predicts a price direction given a scenario. (C3 D2.Eco.9.3-5; IXL: Supply and demand skills)

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

Grade 3

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 3.43 Supply and Demand skill assessments:

Problem 1Difficulty: Mastery

A lemonade stand is balanced on Saturday with 80 cups supplied and 80 cups demanded. On Sunday, a heat wave raises demand to 120 cups, and the stand can supply 90 cups. What should happen to the price if the stand follows supply and demand?

AThe price may fall because Sunday has a surplus of 30 cups.

BThe price should stay the same because Saturday was balanced.

CThe price may rise because Sunday has a shortage of 30 cups.

DThe price must fall because demand increased.

Solution & Explanation:On Sunday, demand is 120 and supply is 90, so there is a shortage of 30 cups. Shortages often push prices up.

Problem 2Difficulty: Mastery

Use the price table choices. Which table best matches this pattern: as price rises, buyers want fewer items and sellers offer more items?

ATable B

BTable A

CTable C

DTable D

Solution & Explanation:Table A shows demand falling from 60 to 25 as price rises, while supply rises from 20 to 55.

Problem 3Difficulty: Mastery

A store wants to fix a shortage of umbrellas before a storm. Which action increases supply?

AOrder more umbrellas from the warehouse.

BPut up a sign that says rain is coming.

CAsk more shoppers to visit the store.

DLower the price without adding umbrellas.

Solution & Explanation:Ordering more umbrellas increases the number available for buyers, which increases supply.

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Frequently Asked Questions

Common questions about printing, using, and solving this worksheet

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QIs this 3.43 Supply and Demand worksheet free for teachers and homeschoolers?

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QCan students practice 3.43 Supply and Demand online with instant feedback?

Yes! In addition to this printable worksheet, students can practice 3.43 Supply and Demand interactively on our platform with automated grading, instant score tracking, and detailed step-by-step solutions.

QWhat grade level and standards does this worksheet align with?

This worksheet is designed specifically for Grade 3 Social Studies students. It aligns with educational standard C3 D2.Eco.9.3-5 (Choose the graph or statement that best shows a shortage or surplus or predicts a price direction given a scenario.).