Answer the following question: Information: - For the road authority see EastLink ( Melbourne ) SEITA ( Societe d'exploitation industrielle des tabacs et des allumettes ) , was the former French state - owned tobacco monopoly . It merged in 1999 with its Spanish equivalent , Tabacalera , to form Altadis . - Altadis was a multinational purveyor and manufacturer of cigarettes, tobacco and cigars. Altadis was formed via a 1999 merger between Tabacalera, the former Spanish tobacco monopoly and SEITA, the former French tobacco monopoly. Through its international holdings, including ownership of the former Consolidated Cigar Holdings Inc. and half ownership of the Cuban state tobacco monopoly, Habanos S.A., Altadis was the largest producer of mass market and premium cigars in the world, as well as the fourth largest producer of tobacco products. The company was acquired by the British tobacco giant Imperial Tobacco (now Imperial Brands) in 2008. - In economics, marginal cost is the change in the total cost that arises when the quantity produced is incremented by one unit, that is, it is the cost of producing one more unit of a good. In general terms, marginal cost at each level of production includes any additional costs required to produce the next unit. For example, if producing additional vehicles requires building a new factory, the marginal cost of the "extra" vehicles includes the cost of the new factory. In practice, this analysis is segregated into short and long-run cases, so that, over the longest run, all costs become marginal. At each level of production and time period being considered, marginal costs include all costs that vary with the level of production, whereas other costs that do not vary with production are considered fixed. - Habanos S.A. is the arm of the Cuban state tobacco company, Cubatabaco, that controls the promotion, distribution, and export of Cuban cigars and other tobacco products worldwide. - In economics a monopoly is a firm that lacks any viable competition, and is the sole producer of the industry's product. In a normal competitive situation, no firm can charge a price that is significantly higher than the Marginal (Economic) cost of producing (the last unit of) the product. If any firm doing business within a competitive situation tries to raise prices significantly higher than the Marginal cost of producing the product, it will lose all of its customers to either other existing firms that charge lower prices, or to a new firm that will find it profitable to use a lower price (closer to its marginal cost) to take customers away from the firm charging the higher price. But since the monopoly firm does not have to worry about losing customers to competitors, it can set a "Monopoly price" that is significantly higher than its marginal cost, allowing it to have an economic profit that is significantly higher than the normal profit that is typically found in a perfectly competitive industry. The high economic profit obtained by a monopoly firm is referred to as monopoly profit. - Law is a system of rules that are created and enforced through social or governmental institutions to regulate behavior. State-enforced laws can be made by a collective legislature or by a single legislator, resulting in statutes, by the executive through decrees and regulations, or established by judges through precedent, normally in common law jurisdictions. Private individuals can create legally binding contracts, including arbitration agreements that may elect to accept alternative arbitration to the normal court process. The formation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people. - Nicotiana is a genus of herbaceous plants and shrubs of the family Solanaceae, that is indigenous to the Americas, Australia, south west Africa and the South Pacific. Various "Nicotiana" species, commonly referred to as tobacco plants, are cultivated as ornamental garden plants. "N. tabacum" is grown worldwide for production of tobacco leaf for cigarettes and other tobacco products. - A cigar is a tightly-rolled bundle of dried and fermented tobacco leaf, rolled in a series of types and sizes, that is ignited so that its smoke may be drawn into the mouth. - A cigarette, or cigaret, is a small cylinder of finely cut tobacco leaves rolled in thin paper for smoking. The cigarette is ignited at one end causing the cigarette to smoulder and allowing smoke to be inhaled from the other end, which is held in or to the mouth; in some cases, a cigarette holder may be used, as well. Most modern manufactured cigarettes are filtered, and also include reconstituted tobacco and other additives. - A monopoly (from Greek "monos" ("alone" or "single") and "plein" ("to sell")) exists when a specific person or enterprise is the only supplier of a particular commodity (this contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly which consists of a few sellers dominating a market). Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb "monopolise" or "monopolize" refers to the "process" by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market). - In economics and particularly in industrial organization, market power is the ability of a firm to profitably raise the market price of a good or service over marginal cost. In perfectly competitive markets, market participants have no market power. A firm with total market power can raise prices without losing any customers to competitors. Market participants that have market power are therefore sometimes referred to as "price makers" or "price setters", while those without are sometimes called "price takers". Significant market power occurs when prices exceed marginal cost and long run average cost, so the firm makes economic profits. - Cuba, officially the Republic of Cuba, is a country comprising the island of Cuba as well as Isla de la Juventud and several minor archipelagos. Cuba is located in the northern Caribbean where the Caribbean Sea, the Gulf of Mexico, and the Atlantic Ocean meet. It is south of both the U.S. state of Florida and the Bahamas, west of Haiti, and north of Jamaica. Havana is the largest city and capital; other major cities include Santiago de Cuba and Camaguey. Cuba is the largest island in the Caribbean, with an area of , and the second-most populous after Hispaniola, with over 11 million inhabitants. - In consumer theory, substitute goods or substitutes are products that a consumer perceives as similar or comparable, so that having more of one product makes them desire less of the other product. Formally, "X" and "Y" are substitutes if, when the price of "X" rises, the demand for "Y" rises. - In economics, a monopsony (from Ancient Greek ("monos") "single" + ("opsnia") "purchase") is a market structure in which only one buyer interacts with many would-be sellers of a particular product. In microeconomic theory of monopsony, a single entity is assumed to have market power over terms of offer to its sellers, as the only purchaser of a good or service, much in the same manner that a monopolist can influence the price for its buyers in a monopoly, in which only one seller faces many buyers. - Tabacalera was a Spanish tobacco monopoly whose origins date back to 1636, making it the oldest tobacco company in the world . - Tobacco is a product prepared from the leaves of the tobacco plant by curing them. The plant is part of the genus "Nicotiana" and of the Solanaceae (nightshade) family. While more than 70 species of tobacco are known, the chief commercial crop is "N. tabacum". The more potent variant "N. rustica" is also used around the world. - An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher prices for consumers. Oligopoly has its own market structure. After reading the paragraphs above, we are interested in knowing the entity with which 'seita' exhibits the relationship of 'instance of'. Find the answer from the choices below. Choices: - area - behavior - change - charge - cigar - city - collective - company - competition - cost - country - cut - economics - factory - garden - genus - good - gulf - history - industry - law - leaf - legislature - manufacturer - market - market structure - mass - may - monopoly - organization - ownership - paper - period - person - plant - process - profit - promotion - quantity - republic - result - service - single - size - state - theory - time - tobacco - verb
Answer:
organization