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Meaning of duopsony | Babel Free

Noun CEFR B2

Definitions

An economic condition in which two buyers exert control over the market price of a commodity.

Examples

“In this paper we will utilise a simple Hotelling-style duopsony model of the labour market to analyse the link between gender differences in mobility patterns, the gender pay gap, and Robinsonian discrimination.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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