SlideShare a Scribd company logo
1 of 9
DONEBY
HUMAIRAYUSUF
MBA
KCT- BS
Monopsony
•Single buyer faces many sellers
•A form of imperfect competition
•Buyer buys material with lower
price
•A monopsony has buying or
bargaining power in their market.
CHARACTERISTICS
• Single large buyer
•Resource ownership
•No alternative buyer
•Barriers to entry
BARRIERS TO ENTRY
• Government license or
franchise
• Resource ownership
• Patents and Copyrights
• Huge Start up cost
EXAMPLES
•Government (in
military procurement)
•Indian Railways
•Electricity generators
PRICING
•Depends upon the terms
dictated by the single large
buyer to whom the goods or
services is targeted at.
•The buyer is the price maker
Elasticity of Market Supply
If supply is highly elastic, monopsony power is
small and there is little gain in being the only
buyer.
DIFFERENCES BETWEEN MONOPOLY AND
MONOPSONY
MONOPOLY
• One seller and many buyers.
• High price output.
•Seller is the price maker
MONOPSONY
• One buyer and many sellers.
• Low price output.
• Buyer is the price maker .
THANK YOU

More Related Content

Similar to Monopsony

14. Managerial Economics Market Structures.pptx
14. Managerial Economics Market Structures.pptx14. Managerial Economics Market Structures.pptx
14. Managerial Economics Market Structures.pptx
NabeelAli89
 
Monopoly and price discrimination Managerial Economics
Monopoly and price discrimination Managerial EconomicsMonopoly and price discrimination Managerial Economics
Monopoly and price discrimination Managerial Economics
Nethan P
 
group1-141121160953-conversion-gate01 (1).pdf
group1-141121160953-conversion-gate01 (1).pdfgroup1-141121160953-conversion-gate01 (1).pdf
group1-141121160953-conversion-gate01 (1).pdf
Angelle Pantig
 

Similar to Monopsony (20)

Economics - Market Structure
Economics - Market Structure Economics - Market Structure
Economics - Market Structure
 
Market forms
Market formsMarket forms
Market forms
 
Types of Markets.pdf
Types of Markets.pdfTypes of Markets.pdf
Types of Markets.pdf
 
Price determination under monopoly
Price determination under monopolyPrice determination under monopoly
Price determination under monopoly
 
Supply and demand
Supply and demandSupply and demand
Supply and demand
 
Market structure
Market    structureMarket    structure
Market structure
 
Market structure
Market structureMarket structure
Market structure
 
14. Managerial Economics Market Structures.pptx
14. Managerial Economics Market Structures.pptx14. Managerial Economics Market Structures.pptx
14. Managerial Economics Market Structures.pptx
 
Monopoly and price discrimination Managerial Economics
Monopoly and price discrimination Managerial EconomicsMonopoly and price discrimination Managerial Economics
Monopoly and price discrimination Managerial Economics
 
Monopoly Market structure
Monopoly Market structureMonopoly Market structure
Monopoly Market structure
 
Classifying Market Structures ppt
Classifying Market Structures pptClassifying Market Structures ppt
Classifying Market Structures ppt
 
group1-141121160953-conversion-gate01 (1).pdf
group1-141121160953-conversion-gate01 (1).pdfgroup1-141121160953-conversion-gate01 (1).pdf
group1-141121160953-conversion-gate01 (1).pdf
 
Types of Market
Types of MarketTypes of Market
Types of Market
 
Econ report
Econ reportEcon report
Econ report
 
Micro analysis
Micro analysisMicro analysis
Micro analysis
 
Market structure
Market structureMarket structure
Market structure
 
Market Structure- Economics
Market Structure- EconomicsMarket Structure- Economics
Market Structure- Economics
 
Price determination under perfect competition
Price determination under perfect competitionPrice determination under perfect competition
Price determination under perfect competition
 
Econ ch07 market structures
Econ ch07 market structuresEcon ch07 market structures
Econ ch07 market structures
 
market structure
market structuremarket structure
market structure
 

Recently uploaded

Bhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call Girl
Bhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call GirlBhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call Girl
Bhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call Girl
Priya Reddy
 
Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...
Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...
Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...
HyderabadDolls
 
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 

Recently uploaded (20)

W.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdfW.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdf
 
Virar Best Sex Call Girls Number-📞📞9833754194-Poorbi Nalasopara Housewife Cal...
Virar Best Sex Call Girls Number-📞📞9833754194-Poorbi Nalasopara Housewife Cal...Virar Best Sex Call Girls Number-📞📞9833754194-Poorbi Nalasopara Housewife Cal...
Virar Best Sex Call Girls Number-📞📞9833754194-Poorbi Nalasopara Housewife Cal...
 
Vip Call Girls Bhubaneswar😉 Bhubaneswar 9777949614 Housewife Call Girls Serv...
Vip Call Girls Bhubaneswar😉  Bhubaneswar 9777949614 Housewife Call Girls Serv...Vip Call Girls Bhubaneswar😉  Bhubaneswar 9777949614 Housewife Call Girls Serv...
Vip Call Girls Bhubaneswar😉 Bhubaneswar 9777949614 Housewife Call Girls Serv...
 
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai MultipleDubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
 
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
Turbhe Fantastic Escorts📞📞9833754194 Kopar Khairane Marathi Call Girls-Kopar ...
 
Pension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdfPension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdf
 
Bhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call Girl
Bhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call GirlBhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call Girl
Bhayandar Capable Call Girls ,07506202331,Mira Road Beautiful Call Girl
 
cost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptxcost-volume-profit analysis.ppt(managerial accounting).pptx
cost-volume-profit analysis.ppt(managerial accounting).pptx
 
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
 
Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...
Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...
Garia ^ (Call Girls) in Kolkata - Book 8005736733 Call Girls Available 24 Hou...
 
Technology industry / Finnish economic outlook
Technology industry / Finnish economic outlookTechnology industry / Finnish economic outlook
Technology industry / Finnish economic outlook
 
Test bank for advanced assessment interpreting findings and formulating diffe...
Test bank for advanced assessment interpreting findings and formulating diffe...Test bank for advanced assessment interpreting findings and formulating diffe...
Test bank for advanced assessment interpreting findings and formulating diffe...
 
Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...
 
2999,Vashi Fantastic Ellete Call Girls📞📞9833754194 CBD Belapur Genuine Call G...
2999,Vashi Fantastic Ellete Call Girls📞📞9833754194 CBD Belapur Genuine Call G...2999,Vashi Fantastic Ellete Call Girls📞📞9833754194 CBD Belapur Genuine Call G...
2999,Vashi Fantastic Ellete Call Girls📞📞9833754194 CBD Belapur Genuine Call G...
 
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in  Yamuna Vihar  (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Yamuna Vihar (delhi) call me [🔝9953056974🔝] escort service 24X7
 
Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...
Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...
Kopar Khairane Cheapest Call Girls✔✔✔9833754194 Nerul Premium Call Girls-Navi...
 
Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...
Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...
Call Girls in Benson Town / 8250092165 Genuine Call girls with real Photos an...
 
Effortless Income Tax Filing Online Your Path to Financial Ease..pdf
Effortless Income Tax Filing Online Your Path to Financial Ease..pdfEffortless Income Tax Filing Online Your Path to Financial Ease..pdf
Effortless Income Tax Filing Online Your Path to Financial Ease..pdf
 
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in Tilak Nagar (delhi) call me [🔝9953056974🔝] escort service 24X7
 
Thane Call Girls , 07506202331 Kalyan Call Girls
Thane Call Girls , 07506202331 Kalyan Call GirlsThane Call Girls , 07506202331 Kalyan Call Girls
Thane Call Girls , 07506202331 Kalyan Call Girls
 

Monopsony