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Business, 12.07.2019 18:00 Jazmineboo5818

Congratulations! you have just been hired by refiners-r-us. as part of your initial training, you have been asked to analyze two crude oils that they are considering for refining operations. calculate the profit per barrel for each crude oil, crude x and crude y. the cost of crude x is $65 per barrel and the refining costs are $3.25 per barrel. the cost of crude y is $60 per barrel and the refining cost is $3.75 per barrel. which, if either, of the crude oils is profitable to refine at current prices?

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