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Natalka [10]
4 years ago
11

Economic principles are generalizations relating to __________ tendencies in economic behavior or to the economy itself_______

Business
1 answer:
DedPeter [7]4 years ago
4 0

Answer: Average

Explanation:

<em>Economic principles are generalizations relating to </em><em><u>average</u></em><em> tendencies in economic behavior or to the economy itself.</em>

<em />

It is impossible to explain the individual choices people or companies make and yet it still needs to be done so that the economy can be studied and planned. For this reason economic principles use generalizations to study and explain the economy based on the behavior of the majority of people.

Essentially they are based on perceived rational tendencies of what is expected of people and firms. This is why some economic principles are supported by one group of economists and not by others. If the principles applied to all, it would not be the case.

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A yearly statement of the financial condition, progress, and expectations of an organization
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Likurg_2 [28]

Answer:

Express warranty.

Explanation:

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A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.

The Uniform Commercial Code ("UCC") posits that explicit, stated promises by a service provider or business as an express warranty.

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In this scenario, the Targus adjustable pedestal is designed to act as an adjustable stand for computer monitors. The reseller specifically states that the stand holds up to 100 pounds. This is an example of an express warranty.

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3 years ago
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