The price elasticity of demand for food tends to be

A) higher in richer nations.
B) lower in richer nations.
C) the same in rich and poor nations.
D) unrelated to per capita wealth.

The price elasticity of demand for food tends to be lower in richer nations because food represents a smaller proportion of their overall spending, making them less sensitive to changes in food prices compared to poorer nations where food constitutes a larger share of their expenditures.