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question 69

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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. -Another oil refiner is offering to trade you 10 150 tonnes of TOC crude oil for 10 000 tonnes of WAI crude oil. Assuming you just purchased 10 000 tonnes of WAI crude at the current market price, the total benefit (cost) to you if you take the trade 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.
-Another oil refiner is offering to trade you 10 150 tonnes of TOC crude oil for 10 000 tonnes of WAI crude oil. Assuming you just purchased 10 000 tonnes of WAI crude at the current market price, the total benefit (cost) to you if you take the trade is closest to:


Definitions:

Body Mass Index

A measure of body fat based on height and weight that applies to adult men and women, used to categorize underweight, normal weight, overweight, and obesity.

Body Mass Index

A measure of body fat based on height and weight that applies to adult men and women to assess if they are underweight, normal weight, overweight, or obese.

Pellagra

Pellagra is a deficiency disease resulting from a lack of niacin (vitamin B3) in the diet, characterized by dermatitis, diarrhea, dementia, and eventually death if untreated.

Thiamine

Thiamine, also known as vitamin B1, is a water-soluble vitamin essential for the metabolism of carbohydrates and the functioning of the nervous system.

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