price taker
price taker · price takers
A firm that has no choice over its price and must accept that of the general marketA firm that has no choice over its price and must accept that of the general market.
Meaning
1 sensesA firm that has no choice over its price and must accept that of the general market.
Forms
plural: price takers| Singular | price taker |
|---|---|
| Plural | price takers |
regular