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. The act of calling wenches foul names, in a futile attempt to overcome whiskey dick. "They raise their wooden pints and they yoik ..
1. somthing that a drunk russian yells. A corruption of mother fucker. freeze mother bitchers!..
1. A mysterious or cryptic post on Facebook that is either only understood by a very small group of people or is complete non-sense. The pr..