Carly Rae Jepsen released her new album on the same night that Taylor Swift released hers....

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Carly Rae Jepsen released her new album on the same night that Taylor Swift released hers. Taylor Swift's album got most of the attention - it was immediately written about in major publications, teaser clips for the music videos were shown on Thursday Night Football, and the album was streamed 185 million times on Spotify in one day. Journalists have a limited amount of time to write and fans have a limited amount of time to listen to music, so Carly Rae Jepsen's album received less fanfare than it would have received if it had been released a week earlier. This is an example of which type of externality? A) A common resource problem B) Intergenerational externalities C) Network effects D) Thick market externalities Carly Rae Jepsen released her new album on the same night that Taylor Swift released hers. Taylor Swift's album got most of the attention - it was immediately written about in major publications, teaser clips for the music videos were shown on Thursday Night Football, and the album was streamed 185 million times on Spotify in one day. Journalists have a limited amount of time to write and fans have a limited amount of time to listen to music, so Carly Rae Jepsen's album received less fanfare than it would have received if it had been released a week earlier. This is an example of which type of externality? A) A common resource problem B) Intergenerational externalities C) Network effects D) Thick market externalities

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ANSWER B Intergenerational externalities Externalities refers to situations when t... View the full answer