Explain why the demand for food is relatively price inelastic

Food is a nessecity, there will always be demand for food. There are no substitutes and therefore, a change in price will not cause a change in demand. Thus the market is relatively price inelastic with a near vertical demand curve.

DB
Answered by Daniel B. Economics tutor

12621 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Discuss the effectiveness of a change in the exchange rate in order to correct a trade deficit.


Should skilled workers be paid more than unskilled workers? (8 marks)


Define the term PPF and illustrate it.


Evaluate the use of supply side policies as a means of controlling UK inflation (30 marks)


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning