The senate is debating whether to continue funding a community college program that prepares students for exciting and well-paying careers. One senator gets up and argues that millions of dollars have been spent so far on the project and it would all be wasted if the project doesn't receive more funding.
a. Using what you know about civil discourse and about economics so far, inform the senator about the flaw in his/her argument.
b. What should the decision be based on?
c. Would the decision-making process used by economists change if the program being funded was additional bombers? Explain.
