Who are price takers? Who are price setters? When it comes to approach pricing, what decision rule you would take when m

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answerhappygod
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Who are price takers? Who are price setters? When it comes to approach pricing, what decision rule you would take when m

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Who are price takers? Who are price setters? When it comes toapproach pricing, what decision rule you would take whenmaking regular pricing decisions?
(Answer in maximum 150 words).
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