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Answer:
Correct option is (D)
Explanation:
Qualitative research is carried out by the researcher to understand a phenomena without using quantitative techniques. The variables are not quantified.Though, it can act as a boundary study from quantitative research.
A qualitative research requires the research instruments to be objective and objectivity of researcher. It measures social and emotional responses in the form of people's experiences, opinions and beliefs. It however, does not require use of mathematical or statistical techniques to make inferences or conclusions.
On the information given, these are the possible answers
1) land would be ""crude oil used to produce gasoline"2) capital would be "a machine used by a tailor to stitch clothes"3) labor would be "workers building a house"4) entrepreneurship would be "an idea for a car that runs on steam"
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The law of demand is used in economics to express the fact that when other factors being constant (cetris
peribus), price and quantity demand of any good and service are
inversely related to each other.This is the general human behavior on relationship between the price of the commodity and the quantity demanded.
