DO NOT COPY SOMEONE ELSE'S ANSWER. I AM NOT STUPID, I CAN EASILY TELL. ESPECIALLY WHEN THE ANSWER IS WRONG. I WILL GIVE A BAD RATING AND REPORT WHOEVER ANSWERS MY QUESTION WITH A WRONG ANSWER OR BY COPY PASTING ANOTHER ONE. I WANT SOMEONE WHO KNOWS THE RIGHT ANSWER.

Please SHOW ALL WORK and formulas and stuff! And don't just copy/paste someone else's answer please, I want someone who knows the right answer. Thank you.

Q1. (a) Suppose you are a print house manager for newspapers. Your cost is 20 cents per newspaper and you charge the retailer 80 cents per newspaper. The retailer sells to customers at $1 per newspaper. Any unsold newspaper is returned to you for full refund of the wholesale price. Demand for newspapers is normally distributed with mean 50 and standard deviation 9. How many newspapers should you print? (5 points) (b) The retailer would like to "induce" you to print more newspapers. Therefore, the retailer agrees to "pay-back" unsold newspapers at price $2 cents per newspaper. How many newspapers will you print? What pay-back price should the retailer offer to induce you to print the quantity that maximizes the combined profit of you and the retailer? (5 points)