Describes a market structure with a single seller that produces goods with no close substitutes.

The correct answer is a: "monopoly".

A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors because there are no products that can act as close substitutes, therefore, such firm has absolute market power to decide the price charged for its products. So, the monopoly is able to charge a higher price than in a perfect competition scenario and will earn much larger profits.

in his book, the riddle of the rosetta stone, james giblin talks about how there was a young british polymath and physician named thomas young who made a lot of advances on the deciphering of the rosetta stone. he says that even though young made a lot of mistakes because he was working under false assumptions, he also made huge contributions like deciphering three out of the seven symbols (more than anyone else before him). young published his findings and continued his good work but he wasn't able to progress much further due to some unfavorable situations, he still laid the basis for many other scholars and of course for the man who has been generally known to have deciphered it, jean-françois champollion

answer: born in saint-dié, in the vosges department, france, he studied law, and was called to the bar at paris in 1854,[2] but soon went into politics, contributing to various newspapers, particularly to le temps. he attacked the second french empire with great violence, directing his opposition especially against baron haussmann, prefect of the seine department. a series of his articles in le temps was later republished as the fantastic tales of haussmannlaxupa (1868).[2]

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