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Social Science Categories
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| Definition Of: |
Monopsony
Literally, single buyer. A situation in which a single firm or individual is the only buyer of a particular good or service within a given market. [See also: monopoly, competition]
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Dictionary of Political Economy INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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