There are two separate concepts in Cost of Service pricing. They are:
A) head haul, back haul and extent of competition
B) commodity and density
C) prices based on average or marginal cost
D) competition and direction of travel

Question

Quizplus · Accepted Answer

Cost of Service pricing involves setting prices based on either the average cost or the marginal cost of providing a service. This method focuses on covering the costs incurred in delivering the service, including a return on investment.

There Are Two Separate Concepts in Cost of Service Pricing