In the above figure, the Nash product is

The diagram portrays:

A.  a competitive firm that should shut down in the short run.
B.  the equilibrium position of a competitive firm in the long run.
C.  a competitive firm that is realizing an economic profit.
D.  the loss-minimizing position of a competitive firm in the short run.

Search and wait unemployment is another way to describe:

A.  Noncyclical unemployment B.  Cyclical unemployment C.  Frictional unemployment D.  Structural unemployment