Use the Information for the Question(s) Below

question 51

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 total 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) $771,400
• D) $773,908

---

Definitions:

Sewing Group

A gathering of individuals engaging in sewing activities, often for communal projects or social interaction.

Thomas Jefferson

Thomas Jefferson was the third President of the United States, author of the Declaration of Independence, and a leading figure in the early development of American democracy, philosophy, and education.

Aaron Burr

American political figure and vice president under Thomas Jefferson, known for killing Alexander Hamilton in a duel and his controversial political career.

John Adams

John Adams was the second President of the United States, serving from 1797 to 1801, and a key figure in the founding and early development of the country.