Monopsony

What is Monopsony?

The opposite of a monopoly; whereas an economic monopoly is on the supply side, a monopsony is on the demand side.

A managed health care provider is a monopsony for the doctors working within it. They cannot bill anyone but the provider, not their patients.

English Joint

1. hand-rolled cigarrettes laced with marijuana. sometimes called "work pot". its supposed to get you high but not so high that i..

W0+3

1. new term for w00t usually followed by the punctuation "!!1111,111.11!!!" or some close combination "w0+3 i pwoned that d..

Good Saturday

1. the 50% off sale on all items in the store at goodwill. bennigan: dude next saturday morning i'm gonna wake and bake then i'm..

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Monopsony Edit Meaning