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.

Zaf

1. Short for Zafar. A Queensland term for someone who is physically there in presence, but his mind has left the building. As in " He..

Nfwc

1. An acronym for "no fuckingway, cunt". An expression of disagreement. Brave knight: Can I please cross this enchanted bridge? ..

W.a.w.a.

1. Acronym meaning White Ass Whack Assholes. Refers to cocky ass jock, frat, white boys and their pasty, orange-tanned, dumb, blonde ass g..

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Monopsony Edit Meaning