Hi there,

Please answer all the questions; please don't skip any subparts. May you explain all the formulas needed where appropriable anddefinitelytheories behind them first. Feel free to make any reference links that may potentially help me to study. If you don't know any part or subpart, may you not take the question. Please provide an excellent formatted answer, and I strongly prefer typing rather than handwritten. If you provide a bad answer in any form that is badly formatted, or wrong, etc., I am afraid I will need to downvote you and possibly flag it. The answer needs to be very logical, easy to understand , clear and cover all the necessary theories , formulas where appropriable and all the parts and easy to read(prefer typing, so try not to handwrite). You are able to show agood job. Thank you.

You work for a multinational conglomerate with majority stakes in 15 international airports all over the world. The previous management had approved an investment program that included a capacity expansion of the three largest airports under your control. This program has now been halted by the new management pending further evidence. This is where you come in. You are expected to provide a simple analysis of technical efficiency and economies of scale within your portfolio of airports. The only information you have been given is the dataset airportsdea.xlsx that includes information on passenger traffic, terminal floor area, and full-time employees for each of your airports. Provide a recommendation that the new management can use to support or cancel the investment program.

read

DEAP 2.1 from here:

http://www.uq.edu.au/economics/cepa/deap.php$

all the supporting data