Industry and Firm Demand

The following points highlight the six main variables affecting industry and firm demand. The variables are: 1. Autonomous Versus Derived Demand 2. Attitudes and Expectations 3. Long-run Vs. Short-run Demand 4. Product Improvement 5. Product Improvement 6. Population Changes and Shifts. Variable # 1. Autonomous Versus Derived Demand: The demand for a commodity is autonomous in­asmuch as it is demanded [...]