Meaning of monopsonistic | Babel Free
məˌnɒpsəˈnɪstɪkDefinitions
Being or pertaining to monopsony.
Examples
“Ghana's monopsonistic cocoa industry continues to be damaged by price exploitation.”
“This paper solves a minimalist growth model⟳ with monopsonistic power at the firm level and two production technologies with different degrees of efficiency.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
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