This system is similar to a microeconomic model in which firms set prices and quantity based on the market.

His firm has set a target price of $12 to $15 a share over the next 12 to 18 months.

This model dismisses the issue of interdependence when a firm sets its price.

Those predictions, in turn, allow the firms to set limits for each sort of instrument traded.

The whole firm, working as a team, set about rectifying his mistake.

This vote today is about whether American firms set the ground rules and standards for business in China.

Some firms set different patronage concentration targets for various classes of customers.

Under his guidance the firm set new standards in Canada for historical organ building.

McCallum assumes that firms set their prices for period t in the following way.

Imagine that firms have set their prices at the end of period 0 to give a price level of P in periods 1 and 2.