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. umm cool word used by cool people. pronounced chuuh yeaah popular on myspace, aim, well everywhere hey. aren't we cool? chyeaah..
1. chilean for anal sex. culiamos por detroit See anal, ass, butt, culo..
1. the greatest song of 2007, sung by Alicia Keys. It comes off her album "As I Am". "No One" is like an orgasm for th..