Use the Information for the Question(s) Below

question 49

Multiple Choice

Use the information for the question(s) below.

As an oil refiner, you are able to produce $77 worth of unleaded gasoline from one barrel of Alaska North Slope (ANS) crude oil. Because of its lower sulfur content, you can produce $78 worth of unleaded gasoline from one barrel of West Texas Intermediate (WTI) crude.
Another oil refiner is offering to trade you
Of Alaska North Slope (ANS) crude oil for
Of West Texas Intermediate (WTI) crude oil. Assuming you currently have
Of WTI crude, the added benefit (cost) to you if you take the trade is closest to ________.

• A) ($1550)
• B) $1550
• C) ($3475)
• D) $3475

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Approaches

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Areas with limited access to affordable and nutritious food, often characterized by a lack of grocery stores within convenient traveling distance.

Health

A state of complete physical, mental, and social well-being, and not merely the absence of disease or infirmity.

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The ability to understand, appreciate, and interact effectively with people from cultures or belief systems different from one's own.