Examlex

Solved

Use the Information for the Question(s)below

question 88

Multiple Choice

Use the information for the question(s) below. 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. -Another oil refiner is offering to trade you 10,150 Bbls of Alaska North Slope (ANS) crude oil for 10,000 Bbls of West Texas Intermediate (WTI) crude oil.Assuming you currently have 10,000 Bbls of WTI crude,the added benefit (cost) to you if you take the trade is closest to: A) ($1400) . B) $1400. C) ($3908) . D) $3908. 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.
-Another oil refiner is offering to trade you 10,150 Bbls of Alaska North Slope (ANS) crude oil for 10,000 Bbls of West Texas Intermediate (WTI) crude oil.Assuming you currently have 10,000 Bbls of WTI crude,the added benefit (cost) to you if you take the trade is closest to:


Definitions:

Bone Scan

A nuclear imaging test that helps diagnose and track several conditions of the bones by injecting a radioactive tracer.

Skeleton

The internal framework of the body, composed of bones and cartilage, that provides support, protects organs, and allows movement.

Radioactive Substance

A material containing unstable atoms that release radiation as they decay.

Related Questions