different between mopoly vs monopsony

mopoly

mopoly From the web:

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monopsony

English

Etymology

From Ancient Greek ????? (mónos, “alone, solitary; singular, unique”) + ?????? (ops?né?, “to buy fish or victuals in general”) + -y, modelled after monopoly. ?????? is from ???? (ópson, “delicacies”) + ??????? (?néomai, “to buy, purchase”). The English word was coined by British classics scholar Bertrand Hallward (1901–2003), and popularized by British economist Joan Robinson (1903–1983) in her book The Economics of Imperfect Competition (1933): see the quotation.

Pronunciation

(Received Pronunciation) IPA^(key): /m??n?ps?ni/
(Received Pronunciation) IPA^(key): /m??n?ps?ni/
Hyphenation: mon?op?so?ny

Noun

monopsony (plural monopsonies)

(economics) A market situation in which there is only one buyer for a product. [from 1930s]
Antonym: monopoly
Coordinate terms: duopsony, oligopsony
(economics) A buyer with disproportionate power.

Derived terms

monopsonic
monopsonist
monopsonistic
monopsonistically

Translations

monopsony From the web:

monopsony meaning
what is monopsony in economics
what is monopsony power
what is monopsony and its examples
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