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Green Frog is an environmentally friendly firm in the cosmetics industry. If Green Frog undertook an analysis to help it understand which of its resources and capabilities are likely to be sources of competitive advantage and which are less likely to sources of such advantages it would be performing a(n)
Demand Curve
A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping.
Supply Curve
A graph showing the relationship between the price of a good and the quantity of that good that suppliers are willing to sell at each price level.
Elastic
Describes a situation in which the quantity demanded or supplied of a good or service changes significantly in response to a change in price.
Total Revenues
The total amount of income generated by the sale of goods or services related to a company's primary operations.
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