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. Referring to something that is stupid, or unfair. "Anne gets a Ferrari and I don't? Dude, that is sooo vegansoy." "..
1. A Melodic Black Metal Band from Norway. They have released three albums so far. Intet Liv Mjollnir Under Krigen They started off..
1. Anus. The opening at the end of the large intestine (rectum) that expels stool. See also butthole, asshole Back-door-Betty loves it in..