Though killer whales, also called orcas, are considered whales by most people, they are actually members of the Delphinidae (dolphin) family. Killer whales are excellent hunters that a wide range of prey, including fish, seals, and big whales such as blue whales.
firm price. Definition. Price which is not negotiable. Use firm price in a sentence. â The offer was made, it was a firm price, so the investor had the opportunity to take or leave it.
In most markets, firms are price-takers. If firms charge higher than market prices for their products, consumers simply purchase from a different seller, highlighting how firms are price-taking to the extent that they sell identical (substitutable) goods or services as their competitors.