An externality associated with advertising of products legal only for a specified age group is that it

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The externality associated with advertising products legal only for a specified age group is that there is a risk that the advertising might appeal to persons outside of that age group. This could lead to younger individuals getting exposed to products that they are not legally allowed to use, which could have negative consequences on their health and well-being. Therefore, it is important to ensure that advertising of such products is targeted only at the intended age group and not others. Option A is incorrect because the fact that the advertising might be deemed boring by members of the specified age group is not an externality. Option B is incorrect because the increase in time spent watching TV and reading magazines is a result of the advertising, not an externality. Option D is incorrect because not all options are correct.

An Externality Associated with Advertising of Products Legal Only for a Specified