Oligopsony

Oligopsony

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. An oligopsony (from Ancient Greek (oligoi) "few" + (ops nia) "purchase") is a market form in which the number of buyers is small while the number of sellers in theory could be large. This typically happens in a market for inputs where numerous suppliers are competing to sell their product to a small number of (often large and powerful) buyers. It contrasts with an oligopoly, where there are many buyers but few sellers. An oligopsony is a form of imperfect competition.[citation needed]show more

Product details

  • Paperback | 64 pages
  • 152 x 229 x 4mm | 104g
  • Plaispublishing
  • United States
  • English
  • black & white illustrations
  • 6136224097
  • 9786136224091