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Points to be covered:
1. Name and describe the two types of value- based pricing methods.
2. Describe the types of cost-based pricing and the methods of implementing each.
3. Determine the costs associated with offering an online MBA degree in addition to a traditional MBA degree at a university. Which costs are fixed and which are variable? Determine the tuition (that is, price) to charge for a three-credit course in this degree program. Which pricing method are you using to determine the price?
Please see the attachment for understanding