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.
Demand for a commodity with large number of substitutes will be more elastic. The reason is that even a small rise in its prices will induce the buyers to go for its substitutes. For example, a rise in the price of Pepsi encourages buyers to buy Coke and vice-versa.