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 ____.
If a client starts to send a lot of volume your way, retainer-based pricing can be advantageous, even if itâs at a lower hourly rate than your advertised price. A retainer is a fee paid for a pre-determined amount of time or work (usually within a month) and is often paid up-front.