Task+4

Task 4

We've heard about ‘supply and demand’. Let’s watch the Brainpop video to find out more. After you have watched the video go to and answer the questions at the bottom of the page (don’t worry if some of the pictures don’t show and you just see questions marks). [] When you have finished do the review quiz and write your score on the handout ( Task 4 ) Please do not print your score.

Now you are really getting good with economics. After school explain to someone at home what these words mean. Can you think of an example of how supply and demand works? The new ipad is coming out. Do you think there will be a lot of demand for it? Do you think the demand will make them cheaper or more expensive. Record your answers on you sheet. Have you ever known the price of something go up or down quickly? Have your parents ever said, ”Wait till the price goes down.” Did the price go down and you got what you wanted?

Click on the link below and read about ‘Zuzuloopers’ and how supply and demand affected their price. (Don’t worry if some of the pictures don’t show and you just see questions marks). Once you have read the story, and looked at the graph, answer the questions on your sheet. Then, **after** you have recorded your answer, click on the ‘Click you answer’ box to see if you were a right. If you were give yourself a ü. If you weren’t, write the correct answer. Be principled!