Marketing- Pricing

Write 4 paragraphs over the next topic backed by research.Setting a fair price is challenging for freelancers, who often get paid on an hourly or project basis. What are the advantages and disadvantages of each type of payment method?If you have freelance experience, what guidelines can you share about determining pricing with a client, including how to estimate the level of effort involved in producing what the client wants? If you have not worked on a freelance basis, what questions do you have about pricing?In your response to other classmates, support your opinion with examples from your experience, and/or information in the overview or the readings.