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.
Perhaps the simplest way to tell whether demand is elastic, unitary elastic or inelastic is to observe the response of total revenue as the price of a product changes (Layton, et al., 2005). The diagrams below show different demand curves of price elasticity and the effect on a change in the market price.