Monopsony

From Conservapedia
This is an old revision of this page, as edited by Aschlafly (talk | contribs) at 19:30, December 21, 2006. It may differ significantly from current revision.
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

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.