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.
References in periodicals archive ?
You're es- sentially a market price taker," African Development Bank president Akinwumi Adesina told journalists at an investment forum in Johannesburg last November.
You're essentially a market price taker," African Development Bank president Akinwumi Adesina told journalists at an investment forum in Johannesburg last November.
A CAP-based model would allow CMS to bring on vendors to negotiate payment amounts for Part B drugs, so that Medicare is no longer merely a price taker for these medicines.
Unlike in the 1970s, the Opec is a price taker, not a price maker.
"We have to make sure the debt is well serviced, that it is sustainable, that the bank can survive and that there is price taker on the other side," he remarked.
That said, as we are essentially a price taker in the scheme of things, we will continue to monitor domestic market reactions, to see if any action is needed on our part to contain undue market volatilities," he added.
Nowhere has China's move from price taker to maker been more obvious than in daily physical crude oil trading.
Keywords: global governance, small states, price taker, Singapore.
"We are not going to be the price taker anymore, we're going to be the price make," Cramer said, who also wants to see a legislation passed on approving the long delayed Keystone XL pipeline that would stretch across the US from Canada to Mexico and could transport 100,000 barrels a days of North Dakotan oil.
Unfortunately, many customers are relegated to the role of "price taker," largely accepting terms imposed by vendors, versus addressing internal opportunities that allow companies to manage a situation more effectively.
Under the assumption that firm g is not a price taker ([[delta].sub.g] -1), we can rearrange the preceding equation and obtain the g relation between d[x.sub.-g]/d[mu] and as follows:
The UK is now a net importer of gas for example, and therefore a price taker - we have to pay the going rate for Liquified Natural Gas (LNG) and pipeline gas.