There are 48 x 2/3 = <<48*2/3=32>>32 women on the bus.
So, 48 - 32 = <<48-32=16>>16 are men.
Out of the 16, 16 x 1/8 = <<16*1/8=2>>2 men are standing.
Hence, 16 - 2 = <<16-2=14>>14 men are seated.
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