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. A severe condition, usually prominent in Republicans and most of American culture, leading one to: - innacurately use bible quotings f..
1. 1. A team of people who look for ghosts in supposedly haunted places. Also known as TAPS. John: Hey yo did you see dat episode of Ghos..
1. Reffers to a person who partakes in or can be described as a zoophile. Someone who can feel great affection and love for their pets or ..