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Translations for „monopsony“ in the Russian » English Dictionary

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монопсо́ния

monopsony

Monolingual examples (not verified by PONS Editors)

English

They claim it's an advantage: government can declare itself a monopsony and use that advantage as the ultimate price setter/negotiator. reason.com

But that doesn't make maintaining a harmful monopoly (or monopsony) impossible. www.businessinsider.com

Finally, monopsony power will occur when the average revenue product of labor increases with the amount of labor employed, due to economies of scale. en.wikipedia.org

Perhaps a better historical example of the dangers of monopsony is the supermarket price war in the middle of the last century. www.businessinsider.com

Following such definitions, the grey rectangle, in the diagram, is the part of the competitive social surplus that has been redistributed from the workers to their employer(s) under monopsony. en.wikipedia.org

Monopsony empowered the consumer to set prices and specifications while depriving producers of leverage to protest. www.salon.com

It is a measure of the market failure caused by monopsony power, through a wasteful misallocation of resources. en.wikipedia.org

The most commonly discussed form of market power is that of a monopoly, but other forms such as monopsony, and more moderate versions of these two extremes, exist. en.wikipedia.org

If different workers have different preferences, employers have local monopsony power over workers that strongly prefer working for them. en.wikipedia.org

Another possible monopsony could develop in the exchange between the food industry and farmers. en.wikipedia.org

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