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.
If it is less than 1, it is inelastic. EFFECTS:Whether the demand or supply of a particular good is elastic or inelastic depends in part on how essential it is to most consumers. Goods that are necessities for consumers everyday lives are more inelastic. Consumers continue to purchase such goods, despite price increases. CONSIDERATIONS:Demand is more elastic if there are substitutes for a particular product or if it is considered a luxury by most consumers.