Question

A calibrated utility function for travel in a medium sized city by automobile, bus, and light...

A calibrated utility function for travel in a medium sized city by automobile, bus, and light rail is:

Ua = a - 0.002 X1 – 0.05 X

Where X1 is cost of travel (cents) and X2 is the travel time (min). Calculate the modal split for the given values:

Mode a X1 X2
Automobile -0.30 125 27
Bus -0.35 71 31
Light rail -0.40 85 38

If a parking fee of $1.50 per trip is imposed, what would be the split to the other two modes?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT