Exit Ticket: Supply and demand basics

Exit Ticket · Grade 6 · Social Studies

Shared by the AssessmentWiz Team · Free to use as a template on AssessmentWiz.

Short Answer Questions

• Q1. In your own words, explain what happens to the price of a product when demand goes up but the supply stays the same.

• Q2. Give a real-world example of a product where supply and demand affects its price. Explain your thinking.

Reflection

• What is one thing about supply and demand that still feels confusing to you, and what question would you ask to help clear it up?

Multiple Choice

• Q1. A new video game is released and everyone wants to buy it, but only a few stores have it in stock. What will most likely happen to the price?

  • The price will go down because fewer people can buy it.
  • The price will stay the same because supply and demand are balanced.
  • The price will go up because demand is high and supply is low.
  • The price will go up because supply is high and demand is low.

  Answer: The price will go up because demand is high and supply is low.

Preview shown. The full assessment (all questions, answer key, and teacher notes) loads with the page.

Use this exit ticket as a template — customize the topic, grade level, and question types with AssessmentWiz's free AI generator.

Related Assessments

• Exit Ticket: Ancient Egypt: geography and society (Exit Ticket · Grade 6 · Social Studies)
• Exit Ticket: The Constitution and Bill of Rights (Exit Ticket · Grade 8 · Social Studies)
• Exit Ticket: World War I: alliances and causes (Exit Ticket · Grade 10 · Social Studies)
• Exit Ticket: Industrial Revolution: causes and effects (Exit Ticket · Grade 9 · Social Studies)
• Exit Ticket: Feudalism in medieval Europe (Exit Ticket · Grade 7 · Social Studies)
• Exit Ticket: Causes of the American Revolution (Exit Ticket · Grade 5 · Social Studies)