User:MiloKing/Monopsony

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Revision as of 15:27, 30 June 2016 by MiloKing (talk | contribs) (Created page with "A '''monopsony''' is a type of market where there is one buyer and many sellers who compete (in Perfect competition|perfect competition) to serve that buyer. A market can be...")
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A monopsony is a type of market where there is one buyer and many sellers who compete (in [[Perfect competition|perfect competition) to serve that buyer. A market can be an oligopsony if there are relatively few buyers and many sellers who compete to serve them.

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