Monopsony

What is Monopsony?

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.

Estorm

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Heyowasup

1. an efficient form of greeting; a combination of "hey," "yo," and "what's up." "why, hello there..

Penis Plug

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Monopsony Edit Meaning