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A user receives an email formatted to appear as if the bank sent it. The email explains that the user must confirm the name, address, and social security number listed on the bank account. Which of the following BEST describes the security threat taking place?
Perfectly Competitive
A market structure where many firms offer identical products, entry and exit are easy, and no individual buyer or seller has any influence over prices.
Monopoly
A market structure characterized by a single seller or company dominating the entire market, leading to limited competition.
Monopolistically Competitive
A market structure where many firms sell products that are similar but not identical, allowing for some degree of market power.
Product Differentiation
A strategy businesses use to distinguish their products from those of competitors, aiming to increase market share and customer loyalty.
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