Supply and Demand Scenarios
In pairs, write Up or Down to complete the chart.
Remember you are looking at supply and demand with price and supply with price.
Scenario
Demand (up or down)
Price (up or down)
Down
Down
1
How would a warm winter with little snow affect the
snow-blower market?
2
How would an increase in the cost of gasoline affect the
market for small cars?
Up
Up
3
How would Adele winning a Grammy affect the sales of
her next album?
Up
Up
4
How would the trend of baggy jeans affect the skinny jean
market?
Down
Down
5
New research shows the many negative effects sugar has
on the body. How does this affect the market for gummy
bears?
Down
Down
6
Drake is spotted wearing Air Jordans. How does this affect
the demand for Air Jordans?
Up
Up
Scenario
Supply (up or down)
Price (up or down)
1
Many DVD manufacturers went bankrupt, leaving fewer
companies that manufacture DVDs
Down
Up
2
Because of a strike, makers of Soccer Balls have to pay
their workers higher wages
Down
Up
3
A new Apple Farm opens in Milton. How does this affect
the supply of apples in Ontario?
Up
Down
4
How would a hurricane that wiped out numerous Florida
Orange Trees affect Tropicana’s supply of Orange Juice?
Down
Up
5
The market price for Blue Jays Hats goes up. How does
this affect their supply of hats?
Down
Up