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Case 5-2 Doug, a computer enthusiast, uses computers to perform some notorious tasks.
Doug sends email messages, which look legitimate, to his friends and obtains confidential information-such as credit card details, security numbers, and so on-from them. This is an example of _____.
Duopoly
A market structure dominated by two firms, often leading to strategic competition and pricing.
Maximize Profits
Strategies and actions taken by businesses to increase the difference between their total revenues and total costs.
Individual Profits
The net earnings obtained by a person after subtracting all relevant expenses from their revenue.
Cartel
An association of manufacturers or suppliers created to maintain high prices and restrict competition.
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