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. Really obnoxious word for pizza, that no self-respecting person uses. Next person to call it za is getting kicked in their nis. See pi..
1. Coldness which makes your nipples stiffen - very much like stipples, fripples (which are the name of the nipple in the cold). 'It&..
1. when your significant other is annoying you so much that you need to drink some beer Don't beeritate me while I watch the game Se..