The best example of a monopsony is when there is only one employer in a small, isolated town. If you want a job in that town, then your only place to work is at that company. Of course, very few towns are actually limited to just one employer. But for a certain type of job, there may be only one employer, and it has a monopsony over that type of job. | The best example of a monopsony is when there is only one employer in a small, isolated town. If you want a job in that town, then your only place to work is at that company. Of course, very few towns are actually limited to just one employer. But for a certain type of job, there may be only one employer, and it has a monopsony over that type of job. |