In the context of determining pricing models, identify an accurate statement about pricing a service.

Multiple Choice

Unlike pricing models for products, pricing models for services do not have to account for costs of distribution or delivery.

The value of a service can easily be determined based on the number of independent service providers on the market.

When pricing a service, inputs such as education and experience should not be reflected in its cost.

Pricing can be used as an effective tool for controlling the number of customers a service provider must handle.