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 ____.
An individual consumer is also considered to be a price taker, because the purchases of one consumer do not affect the price a company sets for its products. Companies or individuals can exert varying degrees of influence, so it is not always easy to classify someone as a price taker. opposite of price maker. â They were a price taker and that made them mad because they could not have an impact over the price of the item.