Show Summary Details

Quick Reference

A firm which sets the price of a good or security. Only a firm with some degree of monopoly power can be a price-setter. A price-setter is contrasted with a price-taker, which is a competitive firm or individual who has to treat the market price as given.

Subjects: Economics.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.