The Following Information Is Given Regarding Driving Lessons Provided by Arrive

question 88

Multiple Choice

The following information is given regarding driving lessons provided by Arrive Alive Company over several spans of time: $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Length of Time
$$\begin{array} { | l | r | r | r | } \hline & \text { TODAY } & \text { ONE YEAR } & \text { FIVE YEARS } \\\hline \text { Total cost of lessons } & \$ 600 & \$ 110,000 & \$ 508,000 \\\hline \text { Number of lessons } & 50 & 10,000 & 55,000 \\\hline\end{array}$$ Select the incorrect statement from the following.

• A) The average cost per lesson over the five-year period was $9.24.
• B) Based on the most current information,the cost per lesson was $12.00.
• C) The average cost based on the total five-year period is probably the most appropriate cost for pricing purposes.
• D) The selection of the most appropriate time span for calculating the average cost often requires considerable judgment.

---

Definitions:

Exclusive Union

A labor union agreement where the employer agrees to hire and negotiate only with one union.

American Medical Association

A professional association for physicians and medical students in the United States aimed at advancing public health, medical education, and standards of care.

International Brotherhood

This can refer to various organizations or labor unions that aim to promote solidarity and support among workers or members across national boundaries.

Right-to-Work Laws

Legislation that prohibits labor unions and employers from requiring workers to pay union dues as a condition of their employment.