Meanings (ES + gloss)
monopsonio
A market situation in which there is only one buyer for a product.
It appears to follow that employment, far from falling, may be raised by an adroitly contrived legal minimum wage or collective agreement. Indeed, this proposition is an important…
Our next task is to consider the change in the amount of a commodity purchased when the market changes from an indefinitely large number of competing buyers to a single buying agen…
Word forms