Patents Function to

question 130

Multiple Choice

Patents function to

• A)establish permanent monopolies.
• B)temporarily protect monopoly power.
• C)encourage firms to reduce output.
• D)reduce monopoly power.

---

Definitions:

Mere Exposure Effect

A psychological phenomenon where people tend to develop a preference for things merely because they are familiar with them, influencing attitudes and preferences.

Physical Attractiveness

The degree to which a person’s physical features are considered aesthetically pleasing or beautiful by others.

Youthful Appearance

The physical characteristics or qualities of an individual that suggest a younger age than their chronological age.

Physical Attractiveness

The extent to which a person's physical traits are considered aesthetically pleasing or beautiful by others.