1. A city in Metro Manila conducted a survey on selling a Modernized PUV. They have surveyed 2 questions to the 1000 Filipino jeepney drivers/operators. a. Question 1: Would you buy a Modernized PUV for P50,000/month? 20 people Would you buy a Modernized PUV for P5,000/month? 700 people Would you buy a Modernized PUV for P500/month? 900 people Would you buy a Modernized PUV for P50/month? 1000 people b. Question 2: Would you sell Would you sell Would you sell your Modernized PUV for P50,000/month? 950 people your Modernized PUV for P5,000/month? 500 people your Modernized PUV for P500/month? 90 people Would you sell your Modernized PUV for P50/month? 3 person What would be the suitable balance of price? (Hint: Use two-point formula) What would be the number of people interested?

Traffic and Highway Engineering
5th Edition
ISBN:9781305156241
Author:Garber, Nicholas J.
Publisher:Garber, Nicholas J.
Chapter2: Transportation Systems And Organizations
Section: Chapter Questions
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1. A city in Metro Manila conducted a survey on selling a Modernized PUV.
They have surveyed 2 questions to the 1000 Filipino jeepney
drivers/operators.
a. Question 1:
Would you buy a Modernized PUV for P50,000/month? 20 people
Would you buy a Modernized PUV for P5,000/month? 700 people
Would you buy a Modernized PUV for P500/month? 900 people
Would you buy a Modernized PUV for P50/month? 1000 people
b. Question 2:
Would you sell
Would you sell
Would you sell
your Modernized PUV for P50,000/month? 950 people
your Modernized PUV for P5,000/month? 500 people
your Modernized PUV for P500/month? 90 people
Would you sell your Modernized PUV for P50/month? 3 person
What would be the suitable balance of price? (Hint: Use two-point formula)
What would be the number of people interested?
Transcribed Image Text:1. A city in Metro Manila conducted a survey on selling a Modernized PUV. They have surveyed 2 questions to the 1000 Filipino jeepney drivers/operators. a. Question 1: Would you buy a Modernized PUV for P50,000/month? 20 people Would you buy a Modernized PUV for P5,000/month? 700 people Would you buy a Modernized PUV for P500/month? 900 people Would you buy a Modernized PUV for P50/month? 1000 people b. Question 2: Would you sell Would you sell Would you sell your Modernized PUV for P50,000/month? 950 people your Modernized PUV for P5,000/month? 500 people your Modernized PUV for P500/month? 90 people Would you sell your Modernized PUV for P50/month? 3 person What would be the suitable balance of price? (Hint: Use two-point formula) What would be the number of people interested?
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