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. Local hero of Warren, Arkansas. Legend says he once scored a touchdown for the Lumberjacks while fighting a razorback. Also known as the..
1. Gahsh meat literally means "the meat of a wild, untamed beast, such as a wild donkey or monster-like creature." Gahsh meat i..
1. Any one by the name of Tony/ Teddy. "paranoia paranoia everybodys comin to get me"..