Multiple Choice
Why is crude oil considered a commodity?
A) It is standardized, is worth money, and is mass-produced by several companies.
B) Oil is a necessity for heating, refining into gasoline, and lubricating machines.
C) Many plastics and even some shampoos are made from elements of crude oil.
D) Many modes of transportation rely on oil for fuel and in their transmissions.
Correct Answer:
Verified
Correct Answer:
Verified
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