Question
Gas Country is considering selling premium gasoline. It already sells regular for $1.22/litre and would Sell premium gasoline 1.20/litre. The cost to further sell
Gas Country is considering selling premium gasoline. It already sells regular for $1.22/litre and would Sell premium gasoline 1.20/litre. The cost to further sell the regular gas into premium would be 0.02/litre A cost that would not be considered in this decision would be A. The extra revenue generated by selling premium B. The opportunity cost of the regular gasoline C. The cost of further processing the regular gas into premium gas D. The cost of refining the regular gasoline.
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