price taker

Price Taker

An investor who makes orders that are not large enough to affect the price. That is, when price takers make orders, they must accept the price offered by another investor. A price taker may be an individual or a (small) company. A price taker contrasts with a price maker, which makes orders of sufficient quantity to affect the market price.

price taker

a FIRM that sells its output at a fixed PRICE that is determined by market forces (as in PERFECT COMPETITION) or by government-imposed PRICE CONTROLS.

单词	price taker
释义	price taker Price Taker An investor who makes orders that are not large enough to affect the price. That is, when price takers make orders, they must accept the price offered by another investor. A price taker may be an individual or a (small) company. A price taker contrasts with a price maker, which makes orders of sufficient quantity to affect the market price. price taker a FIRM that sells its output at a fixed PRICE that is determined by market forces (as in PERFECT COMPETITION) or by government-imposed PRICE CONTROLS.
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