Free Printable WorksheetSocial StudiesGrade 5Social Studies CurriculumEPF.5.60

5.60 Price, Supply, and Demand Worksheet

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Worksheet Overview & Skills Covered

Core academic competencies and curriculum alignment

This Grade 5 Social Studies worksheet provides structured practice on 5.60 Price, Supply, and Demand. Students are guided through targeted exercises that build foundational understanding, computational accuracy, and critical thinking skills.

Price, Supply, and Demand (Intro) - Which example shows the correct application of price, supply, and demand (intro)? (C3 D2.Eco.9.3–5 (introductory alignment))

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 5

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 5.60 Price, Supply, and Demand skill assessments:

Problem 1Difficulty: Mastery

Two items are substitutes because people may choose one instead of the other. At the sporting goods store, shoppers can choose basketballs or soccer balls. The price of soccer balls goes up, so some shoppers switch to buying basketballs instead.

Which choice correctly describes what happens to demand for basketballs?

ASupply decreases, because the substitute costs more.

BSupply increases, because the substitute costs more.

CDemand decreases, because the substitute costs more.

DDemand increases, because some buyers switch from the more expensive substitute.

Solution & Explanation:Demand is about how much buyers want. In this scenario, more buyers want the item, so demand increases; option D identifies that change.

Problem 2Difficulty: Mastery

At the school auditorium, two changes happen for school play tickets: The play receives poor reviews and people lose interest, and extra seats are opened. Fewer people want school play tickets, and more are available.

Which choice correctly predicts what will most likely happen to the price of school play tickets?

AThe price must go up, because more items are available.

BThe price will stay the same, because both demand and supply changed.

CThe price will likely go up, because demand decreases and supply increases.

DThe price will likely go down, because demand decreases and supply increases.

Solution & Explanation:Lower demand and higher supply both push price downward: fewer buyers want the item while more is available. That is why option D is correct.

Problem 3Difficulty: Mastery

At the school store, two changes happen for class yearbooks: Yearbook signing day is announced and more students want class yearbooks. At the same time, a printing delay means fewer yearbooks are available. More people want class yearbooks, and fewer are available.

Which choice correctly predicts what will most likely happen to the price of class yearbooks?

AThe price will likely go up, because demand increases and supply decreases.

BThe price will stay the same, because both demand and supply changed.

CThe price must go down, because fewer items are available.

DThe price will likely go down, because demand increases and supply decreases.

Solution & Explanation:More demand pushes price upward, and less supply also pushes price upward. Because both changes point to a higher price, option A is correct.

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Frequently Asked Questions

Common questions about printing, using, and solving this worksheet

QHow do I download and print this 5.60 Price, Supply, and Demand worksheet?

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QIs this 5.60 Price, Supply, and Demand worksheet free for teachers and homeschoolers?

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QCan students practice 5.60 Price, Supply, and Demand online with instant feedback?

Yes! In addition to this printable worksheet, students can practice 5.60 Price, 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 5 Social Studies students. It aligns with educational standard EPF.5.60 (Students practice price, supply, and demand in Grade 5 social studies.).