I think they are price setters , since they seek utility maximization ! so each of them can balance between (net income , leisure - inducement ) through setting individual price different from another physician .
Price setters are those companies that dictate the price its customers pay for goods and services.Price takers are those companies that cannot dictate their prices but their prices are dependent on the market.
Be price takers.
They are referred to as price takers.
Price Takers have no influence on market.
Producers are not strictly price-takers. Generally, the more competitive a market is, the less pricing power a firm has, and the more of a price-taker it is than a price-maker. Since basic economic analysis usually focuses on a perfectly competitive market, a producer is a price-taker because it cannot change its price from the equilibrium condition Price = Marginal Cost = Marginal Revenue because it will be undersold by its competitors if it raises it price.
Price setters are those companies that dictate the price its customers pay for goods and services.Price takers are those companies that cannot dictate their prices but their prices are dependent on the market.
Be price takers.
They are referred to as price takers.
Price Takers have no influence on market.
Producers are not strictly price-takers. Generally, the more competitive a market is, the less pricing power a firm has, and the more of a price-taker it is than a price-maker. Since basic economic analysis usually focuses on a perfectly competitive market, a producer is a price-taker because it cannot change its price from the equilibrium condition Price = Marginal Cost = Marginal Revenue because it will be undersold by its competitors if it raises it price.
They were English; English setters.
Price setters are those companies that dictate the price its customers pay for goods and services. Pricetakers are those companies that cannot dictate their prices but their prices are dependent on the market.
Firms are price takers, price is equal to marginal costs, demand is perfectly elastic, i.e. constant and horizontal, the firms makes zero Economics profits.
Firms are price takers, price is equal to marginal costs, demand is perfectly elastic, i.e. constant and horizontal, the firms makes zero Economics profits.
as risk takers entreprenurs
The duration of Takers is 1.78 hours.
Maurice Setters was born on 1936-12-16.