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question 106

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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 $76.16 worth of unleaded petrol from one barrel of Tapis Outback Crude (TOC) oil. Because of its lower sulphur content, you can produce $77.25 worth of unleaded petrol from one barrel of Western Australian Intermediate (WAI) crude. -Assuming you just purchased 10 000 tonnes of WAI crude at the current market price, the total benefit (cost) to you if you were to refine this crude oil and sell the unleaded petrol is closest to: A) $774 319 B) $772 500 C) $773 024 D) $773 908 As an oil refiner, you are able to produce $76.16 worth of unleaded petrol from one barrel of Tapis Outback Crude (TOC) oil. Because of its lower sulphur content, you can produce $77.25 worth of unleaded petrol from one barrel of Western Australian Intermediate (WAI) crude.
-Assuming you just purchased 10 000 tonnes of WAI crude at the current market price, the total benefit (cost) to you if you were to refine this crude oil and sell the unleaded petrol is closest to:


Definitions:

Racial Profiling

The unjust practice of targeting individuals for suspicion of crime based on their race, ethnicity, religion, or national origin.

Stop-and-Search

Police practice of stopping individuals and searching them for weapons, illegal substances, or other contraband without a warrant.

Scot Wortley

A Canadian criminologist known for his research on race, crime, and the criminal justice system, particularly in the context of racial profiling and discrimination.

Starlight Tours

Alleged police practice of picking up Indigenous people and taking them to some location far away and leaving them there to get home on their own.

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