One prolonged blast from the horn of a vessel serves as a warning to other ships that an unseen vessel is in the water. Any vessels within earshot of the prolonged horn blast should reply with a prolonged blast of their own.
A firm is likely to be a price taker whenâ¦.. it sells a product that is exactly the same as every other firm. It represents a small fraction of the total market. Consumers are usually price takers when they buy most goods and services because ____, while relatively few firms are price takers because ____.
Use firm price in a sentence. â 1  The offer was made, it was a firm price, so the investor had the opportunity to take or leave it. â. â 2  The firm price was really interesting to me and I knew exactly how it factored in to our overall budget. â.