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Economic problem

Suppose there is a water project, in where $100,000,000 has been spent. Additional cost is needed is $200,000,000. When completed the project will yield total $150,000,000. There is an argument when the project should completed. Otherwise the first $100,000,000 will have been wasted. What comment and recommendation is needed for the project

Solution Preview

Suppose the management decides to go ahead and complete the project.
<br>Total Cost of project = $100,000,000 + $200,000,000 = $300,000,000
<br>Total Revenue ...

$2.19