price taker

noun

A firm that has no choice over its price and must accept that of the general market.

Meanings

nounprice taker (plural price takers)

plural price takers

  1. A firm that has no choice over its price and must accept that of the general market.
Cite this entry
APA

price taker. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/price%20taker

MLA

“price taker.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/price%20taker. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “price taker,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/price%20taker.

Source: price taker on Wiktionary, CC BY-SA 4.0.