Joe owns a construction company and prices his services based on labor hours and the cost of material.Which of the following revenue models is Joe using?
A)data revenue model
B)utility and usage revenue model
C)professional revenue model
D)franchising revenue model

Question

Quizplus · Accepted Answer

Joe is using a professional revenue model, where the pricing of services is based on the cost of material and labor hours. This model is commonly used in businesses that provide professional services such as consulting, accounting, and legal services.

Joe Owns a Construction Company and Prices His Services Based