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.
The terms elastic and inelastic describe how the level of supply or demand shifts in response to a change in price. IDENTIFICATION:If a change in price leads to sharp shift in demand or supply for a particular good, that good is said to be elastic..