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Supply, Demand and Price is a free printable Grade 3 to Grade 5 social studies worksheet on how supply and demand set prices and profits, aligned to C3 Framework indicator D2.Eco.7.3-5. It prints 8 questions with an answer key on its own sheet of paper, in 25 versions that each ask different questions, so no two students in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.

Set 17 of 25 · the same problems every time you open this link.

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Set 1 has all 25 in a single PDF. All 25 sets ask different questions.

Supply, Demand and Price

D2.Eco.7.3-5

NameDate

Circle the best answer.

1.Why do businesses want to make a profit?
  • A.Profit pays the owner and helps the business grow
  • B.Profit makes customers pay taxes
  • C.Profit closes the business
2.Many people want a new toy, but stores have only a few. What happens to the price?
  • A.It goes up
  • B.It becomes free
  • C.It goes down
3.Madam C. J. Walker made and sold hair-care products for Black women. What did she build?
  • A.A large business with thousands of sales agents
  • B.A railroad across the country
  • C.A city park
4.Mia sells 10 bracelets for $2 each. Her beads cost $8. What is her profit?
  • A.$20
  • B.10 × $2 = $20; $20 − $8 = $12
  • C.$28
5.What is profit?
  • A.The price of one item
  • B.All the money a business takes in
  • C.The money left after a business pays its costs
6.Theo sells 5 drawings for $3 each and spends $4 on paper. What is his profit?
  • A.$19
  • B.$15
  • C.5 × $3 = $15; $15 − $4 = $11
7.Two stores sell the same pencils. One lowers its price. What will many shoppers do?
  • A.Buy their pencils at the cheaper store
  • B.Pay more at the other store
  • C.Stop buying pencils forever
8.A bake sale takes in $30. The ingredients cost $12. What is the profit?
  • A.$30 − $12 = $18
  • B.$42
  • C.$12

LessonPrint · D2.Eco.7.3-5 · Set 17 · free to copy for classroom use

Answer key — Supply, Demand and Price

Set 17. Prints on its own sheet.

  1. 1.Profit pays the owner and helps the business grow
  2. 2.It goes up
  3. 3.A large business with thousands of sales agents
  4. 4.10 × $2 = $20; $20 − $8 = $12
  5. 5.The money left after a business pays its costs
  6. 6.5 × $3 = $15; $15 − $4 = $11
  7. 7.Buy their pencils at the cheaper store
  8. 8.$30 − $12 = $18

Last reviewed 2026-09-05. Aligned to D2.Eco.7.3-5 of the C3 Framework for Social Studies State Standards.