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.

Quang

1. An Asian name that can replace nearly anything. 1.Merry Quangsmas! 2.I just Quanged that chick last night. 3.What the Quang? 4.My Qu..

Chobviously

1. When something is beyond just being obvious; an emphatic form of obviously. (It's a hard 'ch' like 'challah' b..

Lolerwaffles

1. excelent example of LoL overclocked. <ISO_Girl> i need to trim my hair <Anarchy_Creator> meh short hair on a woman = no &..

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Monopsony Edit Meaning