Meaning of monopsonistic | Babel Free
/məˌnɒpsəˈnɪstɪk/Definitions
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.