A company that dumps toxic waste in a river to keep costs down will likely never get caught by environmental regulators. According to Garrett Harden, we can best understand the costs of this action in terms of a

Question

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The tragedy of the commons is the scenario in which multiple individuals or companies use a commonly shared resource, ultimately depleting or destroying it. In this case, the company is using the river as a dumping ground, contributing to the degradation of the water and potentially affecting other companies or individuals who also rely on the resource. The cost for the company may be lower in the short-term, but the long-term consequence is a damaged environment and potential harm to public health.

A Company That Dumps Toxic Waste in a River to Keep