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.
When economists refer to demand as inelastic ,we mean a price elasticity of demand that is lessthan 1.Demand is elastic when the price elasticity ofdemand is greater than one.When the price elasticity of demand is one, wesay that demand has unit elasticity.