A construction project in Member of Parliament Slick's district is unfinished.Slick has asked that the next budget include funds to complete the project, despite a report by an independent agency that the project is a waste of taxpayer money.Slick's project is a bridge that crosses a river between two cities in his riding.The press has criticized Slick and dubbed the project "a bridge too far" since another bridge, located closer to the same two cities Slick's bridge will connect, already exists and can accommodate all traffic between the two cities.Slick argues that if the bridge project is not completed, the $50 million already spent will have been wasted.Is Slick's argument economically rational? Explain your answer.

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The Answer of A construction project in Member of Parliament Slick's district is unfinished.Slick has asked that the next budget include funds to complete the project, despite a report by an independent agency that the project is a waste of taxpayer money.Slick's project is a bridge that crosses a river between two cities in his riding.The press has criticized Slick and dubbed the project "a bridge too far" since another bridge, located closer to the same two cities Slick's bridge will connect, already exists and can accommodate all traffic between the two cities.Slick argues that if the bridge project is not completed, the $50 million already spent will have been wasted.Is Slick's argument economically rational? Explain your answer.

A Construction Project in Member of Parliament Slick's District Is