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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. When Erie Textiles operates with a filter, the total gain (in thousands of dollars) by all three parties is ________.
Well-Being
The state of being comfortable, healthy, or happy, encompassing both physical and psychological wellness.
Anxiety
Experiencing stress, fretfulness, or disquiet over a situation whose outcome is not yet determined.
Brainstorming
Generating as many ideas as possible while withholding criticism and evaluation.
Alternative Courses
Educational or training options that differ from the traditional or mainstream paths, often designed to cater to diverse interests or learning needs.
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