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. Long Cv!!! someone who sits naked in front of his computer and chats with some people..not with every1 but with some ppl only..like th..
1. Someone so 1337, that their computer skill is equivalent of a real world gangster. Damn dude, I know you're good, but that guy who..
1. The arsiest man in rock! The "Bastard in Black"! Ritchie Blackmore is the amazing former Deep Purple guitarist best known fo..