If a family spends a large part of its total budget on food, then its demand for food tends to be

Name: If a family spends a large part of its total budget on food, then its demand for food tends to be
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Question

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When a family spends a large part of its budget on food, the demand for food tends to be elastic because any change in food prices will significantly impact their overall budget, leading them to adjust their consumption accordingly.

If a Family Spends a Large Part of Its Total