The range to the left of the midpoint on a linear demand curve is

Which of the following products allows the seller to identify different groups of consumers (segment the market) and practice price discrimination?

A) clothing items sold through Macy's Department Store B) a cafe latte sold at Starbucks C) tickets to matinee shows at a movie theatre D) a hamburger sold at Burger King

The value of a producer's output minus the value of the inputs it purchases from other producers is called the producer's

A) surplus. B) profit. C) value added. D) gross product.