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. To defecate in a men's urinal. All of the men's washrooms in the building now require keys for entry because Grant took a &qu..
1. to fall asleep usually unintentionally. I often nod off in class. The speech was so boring that several people in the audience nodded ..
1. a green furry vicious and dangerous animal that will kill you without even thinking about it. "hey bob watsup?" "shut u..