The length of an unemployment spell is called its:

Nonprofit, or not-for-profit, firms

a. maximize revenue instead of profit b. minimize cost rather than maximize profit c. often pursue goals other than profit maximization d. pursue profit as their main goal despite their name e. have no incentive to produce efficiently

Consumers' willingness to pay for a good minus the amount they actually pay for it equals

a. consumer surplus. b. consumer benefit. c. price discriminant. d. deadweight loss.