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(economics) a market in which goods or services are offered by several sellers but there is only one buyer
Answer for the clue "(economics) a market in which goods or services are offered by several sellers but there is only one buyer ", 9 letters:
monopsony
Word definitions for monopsony in dictionaries
WordNet
Word definitions in WordNet
n. (economics) a market in which goods or services are offered by several sellers but there is only one buyer
Wiktionary
Word definitions in Wiktionary
n. 1 A market situation in which there is only one buyer for a product; such a buyer. 2 A buyer with disproportionate power.
Wikipedia
Word definitions in Wikipedia
In economics , a monopsony (from Ancient Greek μόνος ( mónos ) "single" + ὀψωνία ( opsōnía ) "purchase") is a market structure in which only one buyer interacts with many would-be sellers of a particular product. In microeconomic theory of monopsony, a ...