Final answer:
Cupid and Psyche's story is more akin to a (A) fairy tale, distinguished by its use of magical elements and narrative structure traditionally aimed at entertainment and moral teaching.
Step-by-step explanation:
The story of Cupid and Psyche better resembles a fairy tale than a myth. While myths typically exist to explain the world, promote a religion, or imbue a society with values, a fairy tale is a form of narrative often featuring magical forces, enchantments, and typically a lesson or moral at its end.
Cupid and Psyche's story entails magical occurrences, tests of love and endurance, and fantastical elements that are characteristic of a fairy tale.