I am taking a Managerial Cost Accounting class this semester. I need help in answering my discussion questions for this week, the chapter that we are covering is titled Pricing Decisions and Cost Management. The 2 discussion questions are: Question 1 Non-Cost Factors. Choose a non-cost factor for making pricing decisions and explain how this factor impacts the pricing decision. Question 2 Pricing Decision Approaches. What are the two long-run pricing decision approaches? What are the differences between the two methods? What type of product might be priced using each method? The answers don’t have to be very long for each question, just a few paragraphs, no more than ½ page in length per question.