Use the following to answer questions:
Figure: The Market for Yachts 
-(Figure: The Market for Yachts) Look at the figure The Market for Yachts. If the government imposes a $30,000 tax on yachts and collects it from the yacht suppliers, the _____ curve will shift _____ by _____.
Definitions:
Problem-Strategy
An approach or plan developed to solve a problem or overcome challenges.
Confirmation Bias
A tendency to search for information that supports our preconceptions and to ignore or distort contradictory evidence.
Framing Effect
The tendency of people to react differently to a particular choice or situation depending on how it is presented.
Heuristics
Mental shortcuts or "rules of thumb" that simplify decision-making processes, often used to make quick, efficient judgments.
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