A nationally chartered bank is a commercial bank that receives its charter from the Comptroller of the Currency and is subject to both federal law and the laws of the state in which it operates

In the above figure, the total cost curve is curve

A) A. B) B. C) C. D) none of the curves in the figure.

According to economic theory, the difference between the long run and the short run is:

a. about two months. b. about two years. c. not relevant for executive decision makers. d. strictly theoretical so that in practice there is no difference between them. e. the ability for a firm to vary all resources.