Causes of Hair Loss. First your doctor or dermatologist (a doctor who specializes in skin problems) will try to determine the underlying cause of your hair loss. The most common cause of hair loss is hereditary male-or female-pattern baldness. If you have a family history of baldness, you may be susceptible to this type of hair loss.
Demand Elasticity - the degree to which changes in price effect changes in demand. Demand is elastic when a small change in price effects a large change in demand. Such products, that show great variability in demand are known to have elastic demand.
Lesson Summary. Elasticity of demand describes the responsiveness of quantity demanded of a good relative to a small change in price. The more elastic a good is, the more quantity demanded will decrease relative to a change in price; quantity demanded of inelastic goods will not be as responsive.