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duopoly

Duopoly vs Monopsony - What's the difference?

duopoly | monopsony |


As nouns the difference between duopoly and monopsony

is that duopoly is (economics) a market situation in which two companies exclusively provide a particular product or service while monopsony is a market situation in which there is only one buyer for a product; such a buyer.

Duopoly vs Duopsony - What's the difference?

duopoly | duopsony |


As nouns the difference between duopoly and duopsony

is that duopoly is a market situation in which two companies exclusively provide a particular product or service while duopsony is an economic condition in which two buyers exert control over the market price of a commodity.