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 whitest wigger redneck ever. Thinks he's reppin his hood, Greenwood, MO. He has greasy forward hair. He is totally against part..
1. The context of a conversation spoken amongst two or more males, usually discussing their mates. Earl: Bro, she's there in your hea..
1. 1. used by white kids who are trying, but failing miserably at acting black. (you know this because of the 'er' at the end) 2..