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. excessive verbal praise making the receiver elated Your last comment was beyond brown noising. You better wipe your chin after that ve..
1. The art of when Mexican Priest Rappers are in a brawl or fight. Most commonly seen in Mexico... Suprisingly. Passer by: "Hey look..
1. Type of YTMND who are rated Not safe for work, witch mean that they are "18 or older" (altrough most ytmnd-er are below 14 (i&..