Question: Given the utility expression: U K = A K - 0 . 0 5 T a - 0 . 0 4 T w - 0
Given the utility expression:
where
access time
waiting time
riding time
outpocket cost
a Apply the logit model to calculate the shares of the automobile mode and a
mass transit mode if
b Usc the incremental logil model to estimate the patronage shift that would result from does
bting the bus outofpocket cost:
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