English word oligopsony comes from English oligo- (Few.), Ancient Greek ὀψωνία, English -opsony, Ancient Greek ὀλίγοι
Dictionary entry | Language | Definition |
---|---|---|
oligo- | English (eng) | Few. |
ὀψωνία | Ancient Greek (grc) | |
-opsony | English (eng) | |
ὀλίγοι | Ancient Greek (grc) | |
oligopsony | English (eng) | An economic condition in which a small number of buyers exert control over the market price of a commodity. |