Meaning price taker
What does price taker mean? Here you find 6 meanings of the word price taker. You can also add a definition of price taker yourself
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price takerA company or individual whose selling or buying of goods and services has little or no influence over prices.
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price takerAn economic entity that is too small relative to a market to affect its price, and that therefore must take that price as given in making its own decisions. Applies to all buyers and sellers in market [..]
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price takerA buyer or seller that possess so little market power that it has no control over the price of the good, it must "take" or accept the going market price. The market structure widely populate [..]
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price takerDefinition An individual or company which is not influential enough to affect the price of an item. For example, most investors are price takers, because their individual actions in buying and selling [..]
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price takerA firm that is unable to set a price that differs from the market price without losing profit; a firm in a perfectly competitive industry.
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price takerA participant who is not eligible to set price in either the ex-ante or ex-post market schedule. (All Autonomous Units are Price Takers).
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