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< (BAU ) LOG4432 (1) Transport Econ... Turn in Midterm Report Due April 29, 2022 4:00 PM Instructions Consider all transportation modes in the city of İstanbul. They include public buses, rail transportation, boats, taxi cabs, minibuses, service buses etc. Find relations between demands and incomes of pairs of different modes. State whether they are substitutes or complements. State what other possible factors affect the demand and incomes. State whether they have elastic or inelastic demands. Your answer should include a complete analysis of city transportation so that you can use this analysis to answer questions like whether the rates should be increased, or, whether the public transport should be made free or very low cost (below profit making levels). You may work in groups. Each group member should contribute 1.000 words and 5 references. Grading matrix: Wording requirements: 10 pts. References: 5 pts. Introduction: 10 pts. Analysis: 50 pts. Results: 25 pts. My work Attach + New