price taker

Questions

What does price taker mean?

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

How to pronounce price taker

1. Open the pronunciation page — Open the Speakur entry for “price taker”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “price taker”.
4. Repeat and practice — Say “price taker” aloud, matching stress and vowels until it feels natural.