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.

Jagpal

1. A guy who: -Thinks he is Superman, but really isn't. -Brags about the size of his penis, when in reality it's tiny -Is usua..

Acoustic Notes

1. The act of writing notes for a class by hand, often on notebook paper. I see you're taking acoustic notes there...nice. See acous..

Hammertop

1. The act of hitting an individual over the head with a pinky-down vertical clenched fist-- excessive hammertopping may lead to feelings o..

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Monopsony Edit Meaning