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Monopsony (7976 bytes)
1: In [[economics]], a '''monopsony''' is a market with only one buyer in the market,... 3: ...robber baron]]s, [[John D. Rockefeller]] used his monopsony power to take advantage of the Union Pacific rail... 5: ...ds the input price, over which it has no control. Monopsony power in essence gives a business the ability to ... 7: ...ng the most they buy the most. This in turn gives monopsony/monopoly businesses above-normal profits when the... 9: == Monopsony in labor markets == Bargaining power (370 bytes) 1: ...ually arising from some sort of [[monopoly]] or [[monopsony]] position -- or a non-[[equilibrium]] situation ... Oligopsony (908 bytes) 3: See also [[Monopsony]]. Market power (3659 bytes) 1: ...that of a [[monopoly]], but other forms such as [[monopsony]], and more moderate versions of these two extrem... 5: ...on of the market. In extreme cases - monopoly and monopsony - the firm controls the entire market. However, m... Imperfect competition (1382 bytes) 8: * [[Monopsony]], in which there is only one buyer of a good. Market form (1800 bytes) 8: * [[Monopsony]], when there is only one buyer in a market Antitrust (2392 bytes) 38: *[[Monopsony]] Oligopoly (3855 bytes) 5: The terms monopoly (one seller), monopsony (one buyer), and bilateral monopoly have a simila... Market failure (6914 bytes) 24: ** [[monopsony]] Monopoly (15242 bytes) 5: Monopoly should be distinguished from [[monopsony]], in which there is only one ''buyer'' of the pr... 82: *[[Monopsony]] Phillips curve (9519 bytes) 46: ... of imperfect markets, [[monopoly|monopolies]], [[monopsony|monopsonies]], [[labor unions]], and other instit... Minimum wage (18895 bytes) 50: ...can raise employment. Alan Manning's 2003 book, ''Monopsony in Motion: Imperfect Competition in Labor Markets... Violence in industrial disputes (9349 bytes) 18: ...reate a labor [[monopoly]] so as to balance the [[monopsony]] a large employer inevitably enjoys as a purchas... Unemployment (23634 bytes) 20: ...xistence of significant unemployment raises the [[monopsony]] power of one's employer: that raises the cost o... 26: ... As noted, unemployment may increase employers' [[monopsony]] power. Unemployment may thus promote [[producti... List of economics topics (11007 bytes) 282: *[[Monopsony]] Welfare economics (15677 bytes) 28: ...erfect market structures (such as [[monopoly]], [[monopsony]], [[oligopoly]], [[oligopsony]], and [[monopolis... Exploitation (20304 bytes) 81: ...sm. The most common neoclassical exploiter is a [[monopsony]] or a [[monopoly]]. These exploiters have [[barg... Supply and demand (32741 bytes) 95: ...be applied when a good has a single buyer, a '''[[monopsony]]''', but many sellers.
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