"We're price takers in this business to begin with, but I never would have guessed our industry was this fragile."
The firms can sell as much of the product they want at the set price since they are price takers.
If the firm is able to sell its transfer goods in an imperfect market, then it need not be a price taker.
Though monopolists are constrained by consumer demand, they are not price takers.
Thus, the countries with small open economies are price takers.
All companies of a PC market are price takers.
We will not simply be price takers, but will establish how prices are set.
This is because the firm in perfect competition is a price taker.
Since the firm is no longer a price taker, the price it charges will be above the (now lower) unit cost.
All investors are price takers, i.e., their actions do not influence prices.