3 ms·
Nope. A monopoly is definitely the lack of other options for suppliers, i.e. a single supplier. Conversely, a monopsony is the lack of other options for buyer
by three_seagrass 6y ago
Nope. A monopoly is definitely the lack of other options for suppliers, i.e. a single supplier.
Conversely, a monopsony is the lack of other options for buyers. Words matter.
- deleted 6y ago[deleted]