wagetaker en · NOUN
Etymology
From wage + taker.
Meanings
-
A firm that has no choice over its wages and must accept those of the general market.
Here I assume that the producer is a wagetaker, even though I have supposed that the supplier of each differentiated good uses a different type of labor with its own market.
2003, Michael Woodford, Interest and Prices, →ISBN, page 148:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| wagetakers | Number=Plur | lexicographic |