Question: When interest rates are high In determinant Hold smaller average cash balances Holding larger cash balances is always a bad idea Has no effect on

When interest rates are high In determinant Hold smaller average cash balances Holding larger cash balances is always a bad idea Has no effect on the average cash balance Hold farger average cash balances At the optimal order quantity the total order costs and the total carrying costs will be: The order costs are always higher than the carrying costs Unequal Equal The order costs are always lower than the carrying costs Unable to determine as it caries from problem to
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