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.

Nzbc

1. New Zealand Brush Company, worldwide leaders in the development and production of quality industrial and residential brushware. Hard. &..

Zipkicker

1. A term used Experimental Aircraft Association in OshKosh Wisconsin. Normally it is used by itself, and is self-explanatory. 1. adj. Ano..

Queericle

1. Pronounced like miricle only replacing 'queer-' where the 'meer-' should go. Queericles are people who are so gay i..

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Monopsony Edit Meaning