Meaning Of The Word Monopsony

Real Dictionary

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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