1. The Supermarket Store is about to place an order for Halloween candy. One best-selling brand of candy can be purchased at $ 2.50 per box before and up to Halloween. After Halloween, all the remaining candy can be marked down and sold for $ 1.00 per box. Assume that the loss in goodwill “cost” stemming from customers whose demand is not satisfied is $ 0.35. The store is considering a price per box (p) of $ 4, $ 5, $ 6, and $ 7. 
2. Recognizing that demand is price dependent, through market research the store determines that demand is normally distributed such that if:
3. 
   
4. (a) p=$ 4, mean=μ=50, and standard deviation = σ =20; 
5. 
   
6. (b) p = $ 5, mean=μ=46, and standard deviation = σ =20;
7. 
   
8. (c) p = $ 6, mean=μ=42, and standard deviation = σ =20; and 
9. 
   
10. (d) p = $ 7, mean=μ=38, and standard deviation = σ =20.