Associations to the word «Monopsony»
Noun
Verb
| 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
Don't use words too big for the subject. Don't say
"infinitely" when you mean "very"; otherwise you'll have no
word left when you want to talk about something really
infinite.