When you write you deposit graphite flakes on the paper. Now, when you use an eraser to rub off, these flakes are lifted off due to friction.
Mechanical pencil - Wikipedia
Eraser-off - The Well-Appointed Desk
When the eraser on your mechanical pencil gets down to an infinitesimal nub.
Best Erasers for School to Use While Drawing and Writing –
Types of Erasers Every Artist Should Know
Tools I Use: Erasers Comfortable Shoes Studio
Rite in the Rain Mechanical Pencil Eraser Refills, No.15ER
MARTCOLOR Professional Eraser Pencil Set, 6pc Eraser Pencils and 2pc Sharpener, Erasing Small Details or add Highlights for Sketching, Charcoal Drawings. Fine Detail Eraser for Beginners & Artists - Yahoo Shopping
The Parts Of Wooden Pencil
Pencil Facts: How Erasers Work
Best Erasers - We Tested the Top Brands
Black Erasers vs. Black Pencils - The Well-Appointed Desk