Topic Videos
Monopsony Power
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 21 Mar 2021
This is a revision topic video on monopsony power in markets. A monopsony has buying or bargaining power in their market. This buying power means that a monopsony can exploit their bargaining power with a supplier to negotiate lower prices and therefore lower costs. What does this mean for consumers and suppliers?
You might also like
Minimum Efficient Scale
Study Notes
Economies and Diseconomies of Scale
Teaching PowerPoints
Should BT be broken up to stimulate competition?
26th February 2016
Tesco Goes for External Growth with Booker Takeover
27th January 2017
Long Read: Do companies have too much monopoly power?
27th July 2018
Coronavirus: Morrisons to pay small suppliers immediately
15th March 2020
4.1.4.5 Internal Economies of Scale (AQA A-Level Economics Teaching PowerPoint)
Teaching PowerPoints