COMMERCE,FINANCEacompany,buyer, orinvestorwho is notabletoinfluencethepriceof aproductorinvestmentand has tofollowwhat othercompanies, etc. are doing:Thepricetakersellseveryunitat thepricethat isdeterminedby themarket.
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price leader(Definition ofprice takerfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofprice taker
price takerIn other words, every participant is apricetakeras no participant influences the price of a product.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Second, instead of being a passive 'pricetaker', the government should provide incentives to improve quality and to change the mix of service provision.From theCambridge English CorpusIt is assumed that the behavior in each region can be modeled with a representative farmer that is apricetakerin all markets.From theCambridge English CorpusThough monopolists are constrained by consumer demand, they are not price takers.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Thus, the countries with small open economies are price takers.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Market participants that have market power are therefore sometimes referred to as price makers, while those without are sometimes called price takers.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In both markets firms are price takers.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This point is of great practical importance for green accounting in developing countries, most of which are price takers in international commodity markets.From theCambridge English CorpusA separable or recursive model relies on the fact that all relevant markets are clear, and that households are price takers.From theCambridge English CorpusVegetables are also a highly perishable commodity and therefore sellers are price takers who cannot wait for an upswing in prices.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/price-taker##
