Monopsony

What is Monopsony?


1.

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.


86

Random Words:

1. The term for an overwhelming victory over the opponent, in which he/she is completely humilated. Derived from the term w00t. "LOL..
1. when one is faded (high, usually from marijuana) and motivated to go do something, usually to get higher or eat I am motivfaded to go g..
1. the city of compton changed to bompton(bloods would change the C to a B) "i am from da city of Bompton"..