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.
1 Demand for a good is relatively inelastic if the PED coefficient is less than one (in absolute value). 2  Demand for a good is relatively elastic if the PED coefficient is greater than one (in absolute value).  Demand for a good is unit elastic when the PED coefficient is equal to one.