Consider a newsvendor problem where demand is expected to be normally distributed with a mean of 1,000 units and a standard deviation of 800 units. this is a high-margin monopoly item, with a variable production cost of $2 per unit and a sales price of $100 per unit. in addition, the producer must pay $1 to discard any unsold units. how many units should be produced?

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm