Use the following to answer questions:
Figure: The Market for Yachts 
-(Figure: The Market for Yachts) Look at the figure The Market for Yachts. A price _____ of _____ will bring the about the same price and output in the market for yachts as would an excise tax of $60,000.
Definitions:
Diameter
A straight line passing through the center of a circle or sphere and terminating at both circumferences, representing the widest distance across it.
Thickness
The dimension from one surface of an object to the opposite surface, measured perpendicular to the surfaces.
LMC
Least Material Condition; a condition of a feature which contains the minimum amount of material yet still meets the specified limits of size.
Freedom of Assembly
The ease with which parts can be put together, denoting flexibility in assembly operations.
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