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. A horrible condition also known as the 459er where one minute before you are to exit your asinine workplace a higher up walks up and say..
1. An abbreviation for the word "Beverage" that is used in the Merseyside in the northwest of England. Usually alcoholic but not ..
1. The rule that a man must warn a woman when he is about to ejaculate during a blowjob, so the woman has proper time to get away from the ..