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. 1. Japanese word for snow 2. former member of malice mizer, a band in Japan full of really cool cross dressers. sometimes called a goth..
1. Slang name for a drama infested movie theatre where most of the staff are unintelligent self-involved morons in the west end of Ottawa, ..
1. A Jamaican word which mean extremely ugly A girl named Rachita that i noe is so zmugly that no one likes her bcuz she has no friends an..