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.

Yarsh

1. Slang term used for "yes". Commonly used in chatrooms and on AIM. Conversationalist #1: "You know that Urban Dictionary ..

I Sat In Gum!?

1. This is the action of displaying a small area of your scrotum and exclaming "iew I sat in gum" as if your scrotum was a piece ..

Advanced Placement Program

1. A program backed by the College Board that offers college-level advanced placement (AP) courses. They are designed to give intellectuall..

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Monopsony Edit Meaning