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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 9 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.Henry Ford's assembly line made cars much cheaper. What happened next?
  • A.Fewer people wanted cars
  • B.Many more families could afford cars and bought them
  • C.Cars were banned
2.A store still has many winter coats in spring. What does it usually do?
  • A.Raises the price
  • B.Throws the coats away
  • C.Lowers the price to sell them
3.Fewer people want ice cream in winter. What happens to demand for it?
  • A.Demand goes down
  • B.Demand doubles
  • C.Demand goes up
4.A bake sale takes in $30. The ingredients cost $12. What is the profit?
  • A.$12
  • B.$42
  • C.$30 − $12 = $18
5.What is profit?
  • A.The price of one item
  • B.The money left after a business pays its costs
  • C.All the money a business takes in
6.Many people want a new toy, but stores have only a few. What happens to the price?
  • A.It goes down
  • B.It becomes free
  • C.It goes up
7.Madam C. J. Walker made and sold hair-care products for Black women. What did she build?
  • A.A city park
  • B.A large business with thousands of sales agents
  • C.A railroad across the country
8.Mia sells 10 bracelets for $2 each. Her beads cost $8. What is her profit?
  • A.10 × $2 = $20; $20 − $8 = $12
  • B.$20
  • C.$28

LessonPrint · D2.Eco.7.3-5 · Set 9 · free to copy for classroom use

Answer key — Supply, Demand and Price

Set 9. Prints on its own sheet.

  1. 1.Many more families could afford cars and bought them
  2. 2.Lowers the price to sell them
  3. 3.Demand goes down
  4. 4.$30 − $12 = $18
  5. 5.The money left after a business pays its costs
  6. 6.It goes up
  7. 7.A large business with thousands of sales agents
  8. 8.10 × $2 = $20; $20 − $8 = $12

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