Use the Information for the Question(s)below

question 77

Multiple Choice

Use the information for the question(s) below. As an oil refiner,you are able to produce $76 worth of unleaded gasoline from one barrel of Alaska North Slope (ANS) crude oil.Because of its lower sulfur content,you can produce $77 worth of unleaded gasoline from one barrel of West Texas Intermediate (WTI) crude.
-Assuming you currently have 10,000 Bbls of WTI crude,the added benefits to you if you were to sell the 10,000 Bbls of WTI crude and use the proceeds to purchase and refine ANS crude is closest to:

• A)$730,600.
• B)$770,000.
• C)$40,800.
• D)$43,308.

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Definitions:

Institutional Racism

A form of racism expressed in the practice of social and political institutions, embedded in policies, laws, and practices that harm certain racial groups.

WASPs

An acronym for White Anglo-Saxon Protestants, a sociocultural group in the United States characterized by their historical wealth, social status, and influence.

Jewish Refugees

Individuals of Jewish descent who have been displaced from their countries of origin due to persecution, war, or violence, particularly noted during and after World War II.

Canadian Government

The federal administrative framework of Canada, characterized by a parliamentary system where the prime minister is the head of government.