Meaning Of The Word Monopsony

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What's the definition of Monopsony? Find Monopsony meanings, definitions and more at the Real Dictionary online.

Monopsony Meaning

Monopsony Definition
Monopsony Definition

What's The Definition Of Monopsony?

monopsony in American English
a situation in which there is only one buyer for a particular commodity or service
noun: the market condition that exists when there is one buyer

monopsony in British English
noun: a situation in which the entire market demand for a product or service consists of only one buyer

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