What is Supply and Demand?

Remember “Furby,” that strange furry toy from 1998? According to Wikipedia, Furbies originally sold for $35 each. However, they were so in-demand during the 1998 holiday season that they often resold for over $300. Today, you can buy a 1998 Furby for less than $15! Why? Complete the Supply and Demand Worksheet to find out!

 

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