If the price of a necessity like bread increases and demand is inelastic, what is likely to happen to total consumer spending?

When the price of a necessity like bread goes up and demand is inelastic, it means that people will still buy nearly the same amount of bread, even though it costs more. This is because bread is essential for many people, so they have to keep purchasing it despite the higher price. As a result, total consumer spending on bread will increase because the higher price leads to more money being spent overall, even if the quantity bought stays mostly the same. For example, if a loaf of bread goes from $2 to $3, and people still buy 10 loaves, their total spending rises from $20 to $30. This shows how inelastic demand can lead to increased spending when prices rise.