Most States Have Amended Their Constitutions to Allow Their Larger

question 13

True/False

Most states have amended their constitutions to allow their larger cities more control over their own affairs, or "home rule."

---

Definitions:

Selling Price

The amount of money for which a product, asset, or service is sold, determining the revenue received from the transaction.

Fixed Expenses

Financial obligations that stay uniform in spite of changes in manufacturing or sales figures, like leasing expenses, salaries for workers, and insurance outlays.

Operating Leverage

A financial concept that measures a company's fixed costs as a percentage of its total costs, indicating how a change in sales will impact profits due to fixed expenses.

Wire Strippers

A hand tool used to strip the insulation from electric wires.