Topic: Monopsony
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What is an example of monopsony company?
An example is the Indian Railway in relation to the Wagon industry. Read More »
Source: http://wiki.answers.com/Q/What_is_an_example_of_monopsony_company
What does monopsony mean?
1. (economics) a market in which goods or services are offered by several sellers but there is only one buyer Read More »
Source: http://www.audioenglish.net/dictionary/monopsony.htm
What are the advantages and dis-advantages of monopsony?
advantage - increase for workers with an increase in marginal cost disadvantage - loss of potential profit for the monopsony x Read More »
Source: http://wiki.answers.com/Q/What_are_the_advantages_and_dis-advanta...
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Monopsony
[muh-nop-suh-nee](n.) The market condition that exists when there is one buyer
Dictionary.com . See all 1 definitions »
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For workers in an isolated company town, created by and dominated by one employer, that employer is a monopsonist.
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Source: http://www.chacha.com/question/what-is-real-life-example-of-a-mon...
Monopsony products are bought by 1 buyer and that 1 buyer is usually the government (federal). Examples: F22 Raptor jet fighters Tanks Aircraft carriers For security reasons, France or the US cannot sell a carrier to China or Russia. There ...
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Source: http://answers.yahoo.com/question/index?qid=20081122071535AABhnFO
It called a monopsony because the firm in this instance is buying labour : "employment is dominated by a sole firm". They are the sole buyer of human resources in that market.
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Source: http://answers.yahoo.com/question/index?qid=20111128045856AA0doY0
Monopsony is where there is one buyer with many sellers. The best example is government purchasing. The process is as follows: 1. Government entity issues a "Request for Proposal" announcing that the entity wishes to buy a certain product o...
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Source: http://answers.yahoo.com/question/index?qid=20090320065058AAYQ6aH
(mə-nŏp'sə-nē) n. , pl. , -nies . A market situation in which the product or service of several sellers is sought by only one buyer. [MON(O)- + Greek opsōniā, purchase of food; see duopsony.] monopsonist mo·nop'so·nist n. monopsonistic mo·n...
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Source: http://www.answers.com/topic/monopsony
Monopsony is a situation where a company is in a business where there is only one factor supplier. It is a situation where the factor explode to the company. The commercials on TV are made by TV productions companies (the company) and the f...
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Source: http://answers.yahoo.com/question/index?qid=20071210040459AAJTSZW
