The annex warned of a sharply nonlinear replacement-cost curve for plants below 100,000 barrels per day. Its large-plant capacity benchmark therefore could not be applied uniformly to every refinery without qualification.
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Where did the annex warn replacement costs became sharply nonlinear?
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Explanation
The annex warned of a sharply nonlinear replacement-cost curve for plants below 100,000 barrels per day. Its large-plant capacity benchmark therefore could not be applied uniformly to every refinery without qualification.
The annex warned that small-plant replacement costs could not follow the large-plant benchmark uniformly.
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Explanation
The annex warned of a sharply nonlinear replacement-cost curve for plants below 100,000 barrels per day. Its large-plant capacity benchmark therefore could not be applied uniformly to every refinery without qualification.