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Price taker |
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Price takerAn economic entity that is too small relative to a market to affect its price, and that therefore must take that price as given in making its own decisions. Applies to all buyers in sellers in markets that are perfectly competitive. Applies also to a country if it is a small open economy.Similar MatchesRental priceRental priceThe payment per unit time for the services of a unit of a factor of production, such as land or capital. Exchange Price Input Computer codeExchange Price Input Computer codeEPIC codes are the abbreviations given to company share quotations (e.g. the EPIC code for Vodafone is VOD). They serve the same function as 'ticker symbols' in the USA.In the USA, almost any newspaper or web article about a quoted company refers to its ticker symbol, and because of this investors are familiar with them. This makes it very easy for them when they are using websites and need to search for a company.In the UK, EPIC codes have been replaced by Tradable Instrument Display Mnemonic (TIDM) codes. Price indexesPrice indexesSee: Consumer price index and producer price index Fair market priceFair market priceAmount at which an asset would change hands between two parties, that both have knowledge of the relevant facts. Also referred to as market price. Basic import priceBasic import priceSee minimum price system. Further SuggestionsExport price indexPrice impact costs Variable price security issue price Price value of a basis point (PVBP) Price support price data Price volume relationship price sensitive information Maximum price fluctuation retail price index Iso-price curve Miss the price or market making a price Price effect Offer price Commodity prices Price ceiling Daily price limit Producer Price Index (PPI) cancellation price Factor price Administered price Bargain purchase price option Put price |
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