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. Time and Tide waits for no man. A familiar saying from the days of sailing ships when tides determined departure times. Supposedly a quo..
1. a blow jow in which the giver is crying and the tears drip down the scrotum That dude just gave that other dude an emo job See emo..
1. A 'Barrowman' is esentially an ageing, gay pretty-boy and is an overzealous and predatory 'giver' in an act of manly..