Final answer:
The special magazine edition featuring ads from local or regional companies is called a Local Business Spotlight, offering targeted marketing within a specific geographic area.
Step-by-step explanation:
The type of special magazine edition that includes a few pages of ads purchased by local or regional companies is known as a Local Business Spotlight. Such editions are typically designed to focus on the services and products offered within a specific geographic location, allowing businesses to target readers in the immediate area with their marketing efforts. They differ from typical national advertising campaigns by honing in on a niche local or regional market, often resulting in more relevant and direct advertising for the magazine's readership.