Josh, inc. is faced with the choice of either producing a newly designed product, xx-30, to stock in anticipation of demand or to customer order. the demand for the product is expected to be 5,000 units per week. josh decided to produce xx-30 in lots of 500 units. the cost of holding the average unit in inventory per year is $50 times the average inventory level. if josh, inc. produces to order, it must discount its unit price on all sales $5 for each week that the first customer to order has to wait before the product is delivered. should josh, inc. produce to stock or to order?

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.