Question: The High Water Mark is operating at its optimal point. Which one of the following conditions exists given this firm's operating status? Shortage costs equal

The High Water Mark is operating at its optimal point. Which one of the following conditions exists given this firm's operating status?

Shortage costs equal carrying costs

Both carrying costs and shortage costs are at their minimum levels

Shortage costs are equal to zero

Carrying costs are equal to zero

Carrying costs exceed shortage costs

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