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:

Depressive Episode

A period characterized by symptoms of major depressive disorder, such as deep sadness, lack of energy, altered sleep patterns, and feelings of worthlessness.

Treatment

The administration and treatment of a patient or fighting against disease or disorder.

Deviant

Describing actions or behaviors that deviate from accepted social norms, values, or standards, often carrying a negative connotation.

Legal Insanity

A defense mechanism in the legal system where the defendant claims they were unable to understand the nature or unlawfulness of their actions due to mental illness.