Question: Answer must be unique. Please do not copy anywhere online. Thanks The following is a calibrated modal utility expression for a given urban area: UK

Answer must be unique. Please do not copy anywhere online.

Thanks

The following is a calibrated modal utility expression for a given urban area: UK = AK- 0.05Ta - 0.04Tw -0.02T, -0.01C where:Ax = free factor pertaining to mode k To = access time Tw = waiting time Tr = in-vehicle (ride) time C = out-of-pocket cost (a) Apply the logit model to calculate the shares of the automobile and a mass transit mode if: Mode Ax Ta Tw Tr C Auto -0.005 5 0 30 100 Transit -0.05 10 10 45 50 (b) Estimate the patronage shift that would result from doubling the transit out-of-pocket cost

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