Learn what a price taker is, see examples in competitive markets like grain and oil, and understand how they differ from price makers in economics.

Both the FHFA and the S&P CoreLogic Case-Shiller indices released new home-price data this week covering the month of August.

You won’t see clearance signs at Costco, but that doesn’t mean you can’t score extra big deals. If you’re a card-carrying Costco member, chances are you appreciate a good deal. The warehouse retail ...

“MKT” (or “MP”) on a menu stands for market price, meaning the cost fluctuates based on supply and demand. Market prices are common for items like seafood, premium meats, and seasonal produce. While ...

National home value growth slows, with prices falling in nine of 20 major metro areas. U.S. home prices rose just 1.5% in ...