Question: Utility functions for auto and public transit between two towns are: UAUTO= -0.160 -0.011 (TT)-0.024. (C) -0.008 (WT) UPT = -0.224 -0.011 (TT) -0.024.

Utility functions for auto and public transit between two towns are: UAUTO= -0.160 -0.011 (TT)-0.024. (C) -0.008 (WT) UPT = -0.224 -0.011 (TT) -0.024. (C) -0.013 (WT) Mode COST (C) Auto 20.5 PT 3.75 WAIT (WT) 2 17 TRAVEL (TT) 32 56 Travel demand between the two towns is 3,000 people. (a) Use logit model to calculate how many people will use each mode (10 pts) (b) What's the change in modes if the transit's cost is doubled? (10 pts) (c) What should be the travel time of public transit so that each mode has the same number of people? (10 pts)

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a To calculate the number of people using each mode using the logit model we need to estimate the mode choice probability for each traveler We can use ... View full answer

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