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.

Dirty Moped

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Lithorgic

1. derivation: Litho - stone or rock, orgic - organic. A person whose presence offers as much to a discussion as a stone or rock. Shag ..

Big Pointy Stick

1. A big stick, handled like a 2-handed sword; Primary weapon of SPGLink of The Four Heroes SPGLink unsheathed the legendary Big Pointy St..

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Monopsony Edit Meaning