The J&B Card Shop sells calendars featuring a different Colonial picture for each month. The once-a-year order

Question:

The J&B Card Shop sells calendars featuring a different Colonial picture for each month. The once-a-year order for each year’s calendar arrives in September. From past experience the September-to-July demand for the calendars can be approximated by a normal with µ = 300 and standard deviation = 20. The calendars cost $4.50 each, and J&B sells them for $10 each.
a. Suppose that J&B throws out all unsold calendars at the end of July. Using marginal economic analysis, how many calendars should be ordered?
b. If J&B sells any surplus calendars for $1 at the end of July and can sell all of them at this price, how many calendars should be ordered? Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...