Difference between revisions of "Monopsony"
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| − | A monopsony is a monopoly by a buyer rather than a seller. In other words, a monopsony is a market structure that has only one buyer of a good or service. | + | A '''monopsony''' is a monopoly by a buyer rather than a seller. In other words, a monopsony is a market structure that has only one buyer of a good or service. Also known as a '''really friggen small market'''. |
Revision as of 01:23, March 14, 2007
A monopsony is a monopoly by a buyer rather than a seller. In other words, a monopsony is a market structure that has only one buyer of a good or service. Also known as a really friggen small market.
