Statements (13)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Economic concept
|
| gptkbp:contrastsWith |
gptkb:Monopoly
Perfect competition Oligopsony |
| gptkbp:defines |
A market situation in which there is only one buyer for a product or service.
|
| gptkbp:etymology |
From Greek 'monos' (single) and 'opsonein' (to buy provisions).
|
| gptkbp:example |
A government as the sole buyer of military equipment.
|
| gptkbp:field |
Economics
|
| https://www.w3.org/2000/01/rdf-schema#label |
Monopsone
|
| gptkbp:relatedTo |
Buyer power
Monopsony power |
| gptkbp:bfsParent |
gptkb:The_Declining_Winter
|
| gptkbp:bfsLayer |
7
|