Supply & Demand
📋 What it is
When lots of people want something that’s scarce (high demand, low supply), the price tends to rise — and the reverse lowers it.
🗣️ Coach says
Supply and demand is the invisible force behind almost every price. Lots of buyers + little to sell = prices climb. Plenty to sell + few buyers = prices fall. Spot which way the pressure is pushing and prices stop being a mystery.
🧠 Memory hook
High demand + low supply → price up. The reverse → price down.
😂 Giggle
What's a business owner's favorite type of tree?
A money tree — but they know those don't exist, so they plant ideas instead!
😲 Whoa!
When a new toy or sneaker is scarce and everyone wants it, resellers charge huge prices — that’s supply and demand in action.
✅ Quick check: If lots of people want a product but there’s very little of it, what usually happens to the price?
Say your answer out loud first — then reveal.
The price tends to rise — high demand plus low supply pushes prices up.
Supply-and-demand is the most important idea in basic economics.
🧪 Try it! (2 minutes)
Think of something that got expensive because everyone wanted it — that’s supply and demand.