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.
Key Differences Between Elastic and Inelastic Demand The differences between elastic and inelastic demand can be drawn clearly on the following grounds: Elastic Demand is when a small change in the price of a good, cause a greater change in the quantity demanded.