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 somewhat short felon who wears his sunglasses on his forehead. I saw that jaydog getting hassled by the Po Po See felon, forehead, j..
1. 1.(noun)an arcade game from the 1980s, in which the hero, Q*bert changes blocks color by jumping on them, while avoiding ridiculous enem..
1. An expression used to clarify that someone is extremely gay and/or has the characteristics of a homosexual. Buddy 1: Huntgay. R. Hunt:..