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Monopsony

noun

/məˈnɑpsəni/

Word Frequency: 0.2

Definitions

1.nounA market situation in which there is only one buyer for a product.

2.nounA buyer with disproportionate power.

Synonyms

polyopsony oligopsony duopsony oligopoly duopoly monopoly competitive market perfect market missing market buyer's market bertrand's paradox static equilibrium

Antonyms

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