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A person who charges a price that is determined by buying and sales decisions is a _____. price setter price taker single seller

Blair Lewis

in Business

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Eric Morgan on July 7, 2018

A person who charges a price that is determined by buying and sales decisions is a price setter. A price setter sets the price of a good or service in function of the person who makes the purchase. To maintain price setter powers, it is important to ensure that the enterprise has some monopoly advantage over another company in your market or you will not be able to have a lot of pull on the prices.


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