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. The noise you make on the toilet as you drop a particulary urgent turd. The first syllable is the hissed straining noise you make from t..
1. What Sora from Kingdom Heartssays after receiving the Keyblade. *Keyblade appears randomly into Sora's hand* Sora: "KEYBLADE..
1. A spontaneous call to take part in a drinking session. Anyone may call for a drinkatino and anyone that heeds its call is allowed to pa..