Use the Information for the Question(s)below

question 17

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.
-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
• E)$2508

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Definitions:

Retrograde Amnesia

A loss of memory-access to events that occurred, or information that was learned, before an injury or the onset of a disease.

Anterograde Amnesia

A condition characterized by an inability to form new memories following the onset of an amnesia-causing event, though long-term memories from before the event may remain intact.

Declarative Memory

A type of long-term memory that involves the capacity to recall factual information, such as events, facts, and concepts.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences, including the location and time they occurred.