Meaning of wagetaker | Babel Free
Definitions
A firm that has no choice over its wages and must accept those of the general market.
Examples
“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.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.