In 1978, the texas constitution was amended (article 8, section 22), so that if the economy of the state shrinks, appropriations have to shrink as well.
<h3>what is texas constitution ?</h3>
The Texas Constitution is the fundamental governing document of Texas, describes the structure and function of the government, it consists of a preamble and 17 articles.
- Article 1 represents Bill of Rights and consists of 34 sections.
- Article 2 represents the Power of Government which provides for the separation of the powers of the government.
- Article 3 represent the Legislative Department, include the legislative power of the state of Texas and consists of the Texas Senate and Texas House of Representatives.
- Article 4 Executive Department and it consists of 26 sections which describes the powers and duties the officials of state's executive.
- Article 5 Judicial Department consists of 32 sections, explains the composition, powers of the Texas Supreme Court, the Court of Criminal Appeals, Justice of the Peace Courts etc.
- Article 6 Suffrage consists of five sections, defines classes of persons are not allowed to vote like minors, persons convicted of a felony etc.
- Article 7 Education consists of 20 sections, provisions for public schools, asylums and universities.
- Article 8 Taxation and Revenue which places various restrictions on the ability of the Legislature and local governments to impose taxes like local property taxes.
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Answer: Option (B) is correct.
Explanation:
Correct option: The marginal utility from consuming good A will be lower than before.
This due to the law of diminishing marginal utility. When the price of good A falls as result consumer will buy more quantity of good A. But according to the law of diminishing marginal utility, as the consumers consumes more and more quantity of good, the utility derived from an additional unit goes on diminishing.
Therefore, the marginal utility from consuming good A will be lower than before.
Answer:
$57,000
Explanation:
<u><em>Step 1 : Depreciation Rate</em></u>
Depreciation Rate = (Cost - Residual Value) ÷ Estimated Production
therefore,
Depreciation Rate = $14.00 per machine hour
<u><em>Step 2 : Depreciation expenses</em></u>
Depreciation expense = Depreciation Rate x Annual production
therefore
Year 1 = $42,000
Year 2 = $56,000
Year 3 = $70,000
Total = $168,000
<em><u>Step 3 : Book Value</u></em>
Book Value = Cost - Accumulated Depreciation
= $225,000 - $168,000
= $57,000
Conclusion :
book value at the end of year 3 is $57,000
The statement above is FALSE, Reliable Copy Product is not an example of a mechanistic organization. A mechanistic organization is a type of organization in which the authority is highly centralized, observation of formalized procedures and practices are highly prioritized and specialized functions are assigned.
