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. Short fiction genre. The only form of literature written with one hand while jerking off like a crazed monkey with the other. Note: Net..
1. tired, exhausted and moving about in a mechanical sort of way. Acting like a zombie. Without my morning cup of coffee I am zombatic. S..
1. a nonsence word that you hear radio broadcasers use when they can't think of something intellegent to say. "i like your hones..