According to the Case in Point titled "Road Pricing in Singapore," when driving during rush hour in most major cities, the individual driver:
A) creates a marginal cost to other drivers that is greater than the average cost that the individual driver actually faces.
B) creates a marginal cost to other drivers that is less than the average cost that the individual driver actually faces.
C) creates a marginal cost to other drivers that is equal to the average cost that the individual driver actually faces.
D) creates a marginal cost to other drivers but does not face any average cost unless a price system is used.
Correct Answer:
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