Price takers

Individuals who respond to rates and prices by acting as though they have no influence on them. The New York Times Financial Glossary

Financial and business terms. 2012.

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  • price takers — Individuals who respond to rates and prices by acting as though prices have no influence on them. Bloomberg Financial Dictionary …   Financial and business terms

  • price taker — ˈprice ˌtaker noun [countable] ECONOMICS a company or person that has little influence on the price of something, and has to follow what other companies and people do: • Too many businesses are price takers, not price leaders. * * * price taker… …   Financial and business terms

  • Price-Taker — 1. An investor whose buying or selling transactions are assumed to have no effect on the market. 2. A firm that can alter its rate of production and sales without significantly affecting the market price of its product. 1. In the context of the… …   Investment dictionary

  • Law of one price — The law of one price is an economic law stated as: In an efficient market all identical goods must have only one price. The intuition for this law is that all sellers will flock to the highest prevailing price, and all buyers to the lowest… …   Wikipedia

  • Monopoly — This article is about the economic term. For the board game, see Monopoly (game). For other uses, see Monopoly (disambiguation). Competition law Basic concepts …   Wikipedia

  • Oligopoly — An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). The word is derived, by analogy with monopoly , from the Greek ὀλίγοι (oligoi) few + πόλειν (pólein) to sell . Because there are …   Wikipedia

  • Monopoly profit — Contents 1 Monopoly Profit Basic Definition 2 Persistence 3 Government intervention 4 Footnotes 5 …   Wikipedia

  • Profit (economics) — In economics, the term profit has two related but distinct meanings. Normal profit represents the total opportunity costs (both explicit and implicit) of a venture to an entrepreneur or investor, whilst economic profit (also abnormal, pure,… …   Wikipedia

  • Ц — Целевая программа, целевая комплексная программа (ЦКП) [goal related program] Целевая сумма прибыли (target profit, purpose oriented profit) Целевая функция [target function] в экстремальных задачах …   Экономико-математический словарь

  • Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… …   Wikipedia

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