Grade 9 · Social studies

Read a simple supply-and-demand table

Interpret an invented market table while separating stated quantities from broader price predictions.

6 authored questions + worked example

Worked example

At a price of 4 tokens, buyers demand 30 items and sellers supply 20. What shortage is shown at that price?

Answer & why

Answer: 10 items

Demand exceeds supply by 30 − 20 = 10 items.

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All questions

All 6 authored questions for this skill.

Question 1

The table lists: at 2 tokens, supply 10/demand 30; at 4, supply 20/demand 20; at 6, supply 30/demand 10. Which listed price balances quantity supplied and demanded?

  1. 2 tokens
  2. 6 tokens
  3. 4 tokens
  4. Every listed price
A hint

Compare quantity supplied and demanded at the same listed price; do not mix rows.

Answer & why

Answer: 4 tokens

Only the 4-token row has equal quantities.

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Question 2

At a fixed price, an updated table shows demand increasing from 20 to 35 while supply remains 20. What changed in the listed quantities?

  1. Excess demand increased by 15 items.
  2. Demand fell by 15 items.
  3. Both quantities remained equal.
  4. Supply increased by 15 items.
A hint

Compare quantity supplied and demanded at the same listed price; do not mix rows.

Answer & why

Answer: Excess demand increased by 15 items.

Demand rose 15 while supply was unchanged.

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Question 3

A table describes one town on one day. Which claim requires more evidence than that table provides?

  1. Supply and demand can be compared within a row.
  2. The table lists a particular day's quantities.
  3. The units can be read from the labels.
  4. The same prices and quantities apply in every town next year.
A hint

Compare quantity supplied and demanded at the same listed price; do not mix rows.

Answer & why

Answer: The same prices and quantities apply in every town next year.

A single setting does not establish conditions in all places and times.

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Question 4

At 5 tokens, 18 items are offered and 18 are wanted. Which numerical statement is supported?

  1. Every seller makes the same profit.
  2. The item can never change price.
  3. The stated quantities match at 5 tokens.
  4. All buyers have equal incomes.
A hint

Compare quantity supplied and demanded at the same listed price; do not mix rows.

Answer & why

Answer: The stated quantities match at 5 tokens.

The row gives equal quantities, not income, profit or future certainty.

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Question 5

At a price of 4 tokens, buyers demand 30 items and sellers supply 20. What shortage is shown at that price?

  1. 10 items
  2. 50 items
  3. 20 items
  4. 0 items
A hint

Compare quantity supplied and demanded at the same listed price; do not mix rows.

Answer & why

Answer: 10 items

Demand exceeds supply by 30 − 20 = 10 items.

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Question 6

At 8 tokens, sellers supply 40 items while buyers demand 25. What surplus is shown?

  1. 65 items
  2. 15 items
  3. 0 items
  4. 25 items
A hint

Compare quantity supplied and demanded at the same listed price; do not mix rows.

Answer & why

Answer: 15 items

Supply exceeds demand by 40 − 25 = 15 items.

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