A project has an original budget of US$1,000,000 and expected revenues of US$1,400,000. At a milestone, the project is forecasted to cost an additional US$300,000. If the project is cancelled, it will bring in no revenues but the cost will be limited to the US$600,000 already spent. If the project is continued, there is a 60 percent chance that the new budget will be met. If not, the budget will be further off by another US$300,000. What is the best option to take?

a

explanation:

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.