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. a wooden club or truncheon (such as those carried by police in the U.K.) He got hit in back of the head with a billy club again. See b..
1. for some one who is either black or trying to be... attempting to speak and say dog cunt... student to teacher... shut your mudd you da..
1. An irregularity in the Universe. Used to describe anything unusual, out of place, extreme, great or simply disgusting. "I was wal..