Monopsony

What is Monopsony?

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.

Zofar

1. Zofar is a "So Far" away planet. That is ruled by The Zofarians. This is an imaginary planet that was made up by a 4 year old ..

Vocabularize

1. (v.) To create, coin, or utilize a previously undefined word; to combine portions of one or more words, prefixes, and/or suffixes to pro..

Kelcie

1. a Kelcie is another word for a very cute and cuddly little thing. they are often loud and obnoxious but still very cute. They make funn..

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Monopsony Edit Meaning