price taker

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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.
References in periodicals archive ?
"You are a price-taker with Medicare and Medicaid and also a price-taker with insurance companies.
The oil prices will not really go down because the import price rose from around high $40 per barrel to now above $80 per barrel, and the import price is something, unfortunately, we do not control because we are not an oil producer, and we are the price-taker when it comes to the world market," he added.
However, despite being one of the biggest consumers in the world, India continues to be a price-taker in the global market.
We build on existing claims about the price-taker analogy in Singaporean discourse, why it has arisen in the context of the elites' pervasive sense of vulnerability, and its linkage with global governance strategies that policymakers have historically utilized to demonstrate their competence in managing a range of constraints.
You are just a price-taker. Whatever the price is, you take it."
The Commission, however, found that the financial entity IFM Global Infrastructure Fund, holding interests in both the German and Polish energy production supply or transport companies, did not have a controlling participation in either company and, moreover, the Polish company, Dalkia Polska, was in practice a price-taker in the Polish electricity market, unable to exert any influence on the national electricity price.
If the firm is a true price-taker, it will expect to sell as much as it wants at the expected ruling price and as we discussed in Chapter II, it will expect to be able to buy as much new capacity as it wants at the ruling supply price for the capital equipment under consideration.
Retail deposits remain the bank's main source of funding, making it particularly sensitive to the overall macro and interest rate environment, since the bank is a price-taker in the deposits market.
Since India is a price-taker in most cases, higher interest rates will not bring them down.
Now, the income that a price-taker obtains from his raw materials fluctuate in accordance with the dictates of the overseas factory owners who buy the product: sometimes, the prices are high, sometimes they are low, and sometimes they are very low.
Although it won't change the course of benchmark US crude prices overnight, the deal is the latest manifestation of China's desire to use its leverage as a top consumer of industrial resources to become a price-maker, not a passive price-taker. Its steel mills are now leading global negotiations for term iron ore contracts, and various government entities have been aggressively stockpiling metals to prop up domestic prices.
Chris Dodds, of the Livestock Auctioneers Association, said: "In my opinion the live ring has been a price-setter rather than a price-taker over the last 12 months."