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.

Home In

1. To get closer to a goal. To be guided onto a destination by a landmark or radio or visual beacon. (incorrectly called "hone in"..

Nigger Run

1. The act of fleeing from a crime or evading the police. "After robbing the liquor store and having his tires blown by the police du..

Ferris

1. To have a day off from work or school, either by sickness, holiday or skiving. From the 80's film, Ferris Bueller's Day Off ..

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Monopsony Edit Meaning