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. 1. (noun) a state of randomness 2. (noun) the cumulative total of all random events that occur in life 3. (noun) the unexpected Life ..
1. An abbreviation for a 360 Tailwhip. A crazy azz trick performed by bikers. the greatest extreme sport ever! Cory "Nasty" Nas..
1. RARWBOMB (should be all caps) is the definition of an aerial strike by something that says "RAWR" (Like a druid in feral form)..