Associations to the word «Monopsony»
Noun
Verb
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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
To use the same words is not a sufficient guarantee of
understanding; one must use the same words for the same
genus of inward experience; ultimately one must have one's
experiences in common.