Walser Limited Lifetime Powertrain Warranty. Available on all new car purchases and most used cars with less than 60,000 miles. Duration: Warranty is valid from vehicle sale date during the customer's lifetime or until the customer no longer owns the vehicle. Coverage: This is an inclusionary warranty which means only named components are covered. The warranty is limited to these listed parts.
Price Taker. What it is: A price taker is a person or company that has no control to dictate prices for a good or service. In the trading world, a price taker is a trader who does not affect the price of the stock if he or she buys or sells shares. The concept of a price taker is best illustrated with an example.
Question: 30-A monopolist is a: a-price taker. b-price set... 30-A monopolist is a: a-price taker. b-price setter. c-cost maximizer. d-quantity taker. 38-In perfectly competitive markets, if the price is _______ , the firm will _______ . a-greater than ATC; make an economic profit. b-less than the minimum AVC; shut down.