IVTLIn Vitro Terminal Labeling
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Table 10 shows that in the case of the LRT the elasticities of In Vehicle Time by LRT (IVTL) and the Out of Vehicle Time (OVTL) are practically the same and lower than in the case of the Bus, however, the elasticity of the fare (FAREL) is higher than for the Bus and of the same order of magnitude as the two beforehand.
Car Direct elasticity [MATHEMATICAL Variable EXPRESSION NOT REPRODUCIBLE IN ASCII] OVTL (min) -0.611 LRT IVTL (min) -0.519 FAREL ([euro]) -0.516 CAR IVTC (min) -0.802 CC ([euro]) -1.831 Table 11.