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QUESTION
For this course project submission, you will need to identify the potential strengths and weaknesses of your chosen airline carrier. You will also...
For this course project submission, you will need to identify the potential strengths and weaknesses of your chosen airline carrier. You will also need to identify the input costs and capital. I chose JetBlue airlines
Include the following:
- Explain the concept of Inputs: Complementary and Substitutable
- Discuss how marginal product of labor and marginal revenue product affect your firm
- Discuss how your airline carrier maximizes profits
- Discuss at what point your airline carrier would increase, decrease, or keep constant its current routes flown per day
- Identify tangible goods
- Identify intangible goods
- Identify how human capital adds value to the firm
- Identify capital stock
- Discuss how your airline carrier assets are affected by depreciation of goods
Your ultimate goal of writing the analysis is to convey to your committee members whether or not your carrier has lost or gained value over the past 5 years.
