Monopoly and Monopsony: A Comparison There is a close relationship between the models of monopoly and monopsony. A clear understanding of this relationship will help to clarify both models. Figure 14.4 compares the monopoly and monopsony equilibrium solutions. Both types of firms are price setters: The monopoly is a price setter in its product market; … Continue reading Reading: Monopoly and Monopsony: A Comparison