Answer:
Al Manara Company sells its single product for $ 30 per unit. The contribution margin ratio is 45%; and fixed costs are $ 10,000 per month Required If Al
Explanation:
Answer:
Undervalued
Explanation:
The PPP exchange rate is the implicit exchange rate, so that everywhere, one dollar has the same purchasing power. In general, this exchange rate is different from the exchange rate on the market.
Because the same nominal GDP translates to a higher real GDP by using the PPP exchange rate, one Pakistan Rupee must be valued more in terms of U.S. dollars than in contexts of the market exchange rate under the PPP exchange rate. The Pakistan Rupee is therefore worth less than its true value in the economy, i.e., undervalued.
Its capacity to perform the functions you or a person want it to
