Final answer:
The demand for food is relatively inelastic, meaning it does not change much in response to changes in price.
Step-by-step explanation:
In economics, the concept of demand refers to the consumer's willingness and ability to buy a particular product or service at a given price. The law of demand states that as the price of a good or service increases, the quantity demanded decreases, and vice versa, assuming all other factors remain constant. However, certain goods, such as food, tend to have an inelastic demand, meaning that the quantity demanded remains relatively stable even when the price changes. This is because food is a necessity that people need to survive, so their demand for it is not highly sensitive to changes in price. Additionally, the demand for food is not highly responsive to changes in income or preferences.