Anne and frank smith each borrow $12,000 from their father. anne and mr. smith have agreed that she will repay her loan in full by paying $6,000 in two years and $8,000 in four years. frank prefers to make one lump payment of $15,000 to fully repay his loan. when should he make that payment so that he and his sister will each have the same effective interest rate?

i would say their habit of breaking down.

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation:

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.