Assume that there are two nations, orca and tapa. each nation produces two products, wheat and steel. orca has a comparative advantage in the production of wheat. if the two nations trade, the price of wheat in terms of steel will be:
1. less than the domestic opportunity cost of wheat in orca and greater than the domestic opportunity cost of wheat in tapa.
2. greater than the domestic opportunity cost of wheat in orca and less than the domestic opportunity cost of wheat in tapa.
3. greater than the domestic opportunity cost of wheat in both nations.
4. less than the domestic opportunity cost of wheat in both nations.

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer