Price takers have a minimal percentage of the market, which means they have no price power in the market. So answer in given option is small relate to the total market.
An individual or business that must accept market prices because it lacks the market share to do so on its own is known as a price-taker. In a market with perfect competition, or one in which all businesses sell the same good, there are no barriers to entry or departure, each business has a little market share, and all consumers are fully informed about the market, all economic actors are regarded as price takers. This is valid for both sellers and purchasers in the debt and stock markets as well as producers and consumers of commodities and services.
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