The normal characteristics of smooth muscle: Smooth muscle is found in many different places in the human body: Unlike skeletal muscle, smooth muscle is generally not identifiable from gross observation of the body.
Demand can be classified as elastic, inelastic or unitary. An elastic demand is one in which the change in quantity demanded due to a change in price is large. An inelastic demand is one in which the change in quantity demanded due to a change in price is small. This is taken from a website at www.agmrc.org.
A price increase for an inelastic good will increase total revenue while a price decrease for an inelastic good decreases total revenue. Salt, toothpicks, matches, gasoline, and physician services are examples of goods or services that have an inelastic demand.