Why do things cost different amounts?

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SMART Prep | Quick Question 210417

Mia builds a box using a cereal packet. Which 3D shape does the packet most closely match?

  

Did You Know?

Why do some sneakers cost $20 while others cost $200?
The price of sneakers can vary based on materials, labor, and brand reputation!

Vocabulary

Click on the words in the article. See if you can find them all.
  • supply The amount of a product available for sale. There was a high supply of apples at the market.
  • demand How much people want a product. The demand for ice cream increases in summer.
  • brand A name or logo that represents a product or company. Nike is a famous brand known for sports shoes.
  • Thinking Question

    How do you think brand names influence what people choose to buy?

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