________ taxes are taxes paid when purchasing specific goods such as alcohol, tobacco, and gasoline

At the beginning of the year, Tom's Tubes had a capital stock of 5 tube inflating machines. During the year, Tom scrapped 2 old machines and purchased 3 new machines. Tom's capital stock at the end of year equals

A) 1 machine. B) 2 machines. C) 3 machines. D) 6 machines.

The table above shows the demand and costs for a single-price monopolist. When it maximizes its profit, the firm makes an economic profit of

A) $15. B) $25. C) $40. D) $45.