Why is the demand for food relatively price inelastic?

Food is price inelastic because there is no alternative or substitute good that we can consume in order to sustain life. Therefore if the price of food increases we still require it to survive, resulting in a limited reduction in the demand for food, thus making the demand for food price inelastic.

FE
Answered by Fred E. Economics tutor

3292 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Give two disadvantages to the government of rising unemployment.


What is the price elasticity of demand ?


Explain, using an example, what is meant by 'opportunity cost'?


Explain the effect on the Pound if the MPC decides to increase the base rate of interest.


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