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. sped and spaz an over-reactive person who is rather extremely hyper Hey Tanya, stop being a spez. See hyper, spastic, tanya, girls 2...
1. a cigarette (smoking is said to cause cancer, which causes death. kick also means to die). Hey man, you got any kick sticks? Let'..
1. An exclamation instead of the "s" word oh, Shoipers!! That hurt! Shoipers!! See Stevo..