This indicates that consumers living far from their workplace are signifcantly more likely to use their car (by 31 percentage points), while a 1 percent increase in income is associated with a 0.049 percentage point increase in the probability of using a car for work commutes. Intuitively, the intercept of this equation identifes the parameter c0 determining the market size (see equation (2)), while the other two terms identify the marginal utility of commuting and income