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Suppose Erie Textiles can dispose of its waste "for free" by dumping it into a nearby river. While the firm benefits from dumping waste into the river, the waste reduces fish and bird reproduction. This causes damage to local fishermen and bird watchers. At a cost, Erie Textiles can filter out the toxins, in which case local fishermen and bird watchers will not suffer any damage. The relevant gains and losses (in thousands of dollars) for the three parties are listed below. If Erie Textiles does not install the filter, there will be a net social ________ of ________ (in thousands of dollars) .
Fun
Activities or experiences that are enjoyable, amusing, or entertaining.
Dominant Discourses
Prevailing social narratives that shape our understanding of the world and influence power dynamics within society.
Societal Stories
Narratives or themes that are prevalent in a society, reflecting its values, beliefs, and norms.
Socio-cultural Practices
The collective habits, traditions, rituals, norms, and activities that are characteristic of a given community or society, shaped by its cultural and social contexts.
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