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.

20/20 Pimple

1. A pimple which can easily be noticed by a person with normal vision. Much unlike a blind pimple. Person 1 "Did you see that zit th..

Orangejello

1. jen's black baby Jen stole a kid from Africa and named him Orangejello. See skeet, sweet, black, superman..

Oygevayenzie

1. An expression of pain, sorrow, or emotion grief. Generally over something outrageously dumb. Oygevayenzie!!! The cat's at it again..

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Monopsony Edit Meaning