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monopsony in Spanish

monopsony in Spanish is monopsonio — monopsony means a market in which there is only one buyer for a product or service.

monopsony in Spanish

monopsonio
noun
(economics) A market situation in which there is only one buyer for a product. [from 1930s]

What does "monopsony" mean?

  1. noun A market in which there is only one buyer for a product or service.
    "In a town with one large factory, the labor market can look like a monopsony."
  2. noun A buyer that holds disproportionate power over the sellers it deals with.
    "Economists describe a sole buyer that can dictate prices to many sellers as a monopsony."
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monopsony in a sentence

  • In a town with one large factory, the labor market can look like a monopsony.
  • The farmers complained that the single processor had created a monopsony for their milk.
  • Economists describe a sole buyer that can dictate prices to many sellers as a monopsony.
  • Critics call the retailer a monopsony because its suppliers have nowhere else to sell.

Similar words in Spanish

Common Spanish translations

Frequently asked questions

What is "monopsony" in Spanish?
"monopsony" in Spanish is monopsonio. monopsony means: A market in which there is only one buyer for a product or service.
How do you use "monopsony" in a sentence?
Example: "In a town with one large factory, the labor market can look like a monopsony." In Spanish, "monopsony" is monopsonio.
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Translations from WikDict, CC BY-SA · example sentences from Tatoeba, CC BY 2.0 FR.