Payton inc. reports in its 2017 annual report 10-k, sales of $8,180 million and cost of goods sold of $3,272 million. for next year, you project that sales will grow by 3% and that cost of goods sold percentage will be 1 percentage point higher. projected cost of goods sold for 2018 will be:

One country has a comparative advantage over another country in the production of a good if ithas a curved production possibilities curve and the other country has a linear production possibilities curve.has lower fixed costs than the other country. has a linear production possibilities curve and the other country has a curved production possibilities curve.is a lower opportunity cost producer of the good.