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.

Black Omelette

1. A procedure where one takes a wet shit on anothers chest and waits for it to dry. Once it is dry they proceed to eat it. Jake: Dude im ..

Oh My Penis

1. It is the same as "Oh my god!". Except it is less offensive to religious people. And it sounds better! "Oh my Penis, we ..

1. 'Quick Response' in many forums. <QR> I agree with the above statement ;) See brief, fast, quick, response, reaction..

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Monopsony Edit Meaning