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Associations to the word «Monopsony»

1

Wiktionary

MONOPSONY, noun. A market situation in which there is only one buyer for a product; such a buyer.

MONOPSONY, noun. A buyer with disproportionate power.

Dictionary definition

MONOPSONY, noun. (economics) a market in which goods or services are offered by several sellers but there is only one buyer.

Wise words

Once a word has been allowed to escape, it cannot be recalled.

Horace