When a firm cannot affect the market price of the good that it sells,it is said to be a:

A) price taker.
B) natural monopoly.
C) dominant firm.
D) cartel.

Price Taker

An economic actor that accepts the prevailing market prices and lacks the power to influence those prices due to its small market share.

Natural Monopoly

A market condition where a single supplier is most efficient in serving the entire market's demand, often due to high barriers to entry like significant infrastructural costs.