Use the Information for the Question(s)below

question 58

Multiple Choice

Use the information for the question(s) below. As an oil refiner, you are able to produce $77 worth of unleaded gasoline from one barrel of Alaska North Slope (ANS) crude oil. Because of its lower sulfur content, you can produce $78 worth of unleaded gasoline from one barrel of West Texas Intermediate (WTI) crude. Another oil refiner is offering to trade you 10,150 bbl of Alaska North Slope (ANS) crude oil for 10,000 bbl of West Texas Intermediate (WTI) crude oil. Assuming you currently have 10,000 bbl of WTI crude, the added benefit (cost) to you if you take the trade is closest to ________.

• A)($1550)
• B)$1550
• C)($3475)
• D)$3475

---

Definitions:

Schizophrenia

A severe mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Camphor

A white crystalline substance with a strong, penetrating odor, used medicinally to relieve pain and irritation as well as in aromatherapy.

Psychosis

A state in which a person loses contact with reality in key ways.

Uric Acid

A waste product found in the blood, created by the body during the breakdown of purines, excessive levels of which can lead to gout and kidney stones.