Use the Information for the Question(s) Below

question 66

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.
Assuming you just purchased 9950 bbl of WTI crude at the current market price, the total revenue (cost) to you if you were to refine this crude oil and sell the unleaded gasoline is closest to ________.

• A) ($766,150)
• B) $766,150
• C) ($770,032)
• D) $770,032

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Definitions:

Body Preoccupation

An excessive focus on the body and its appearance, which can impact an individual's self-esteem and behaviours.

Late Adulthood

Late adulthood is a life stage that describes individuals typically aged 65 years and older, characterized by both physiological and cognitive changes, and the consideration of issues such as retirement and coping with physical decline and loss.

Decline

A gradual decrease in quality, quantity, or strength, sometimes referring to physical health, population, or economic conditions.

Death

The cessation of all biological functions that sustain a living organism, marked by the end of life.