In February 2009, bushfires raced across the Australian state of Victoria, claiming lives and property. While rebuilding will take years, at some point after a disaster, it is time to get back to business. Suppose you are approached by the owners of several full-service wine stores in Victoria. They are uncertain about whether they should simply maintain the same positioning they had previous to the bushfires, and they would like a report within 60 days. How could each orientation of qualitative research, namely, phenomenology, ethnography, grounded theory, and case studies be used here

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.