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MODEL QUESTIONS ECONOMICS 112 MIDTERM # 3 Nov. 16, 2001 Mr. Barth 1. Abby Normal maximizes utility by allocating time among leisure, market work, and nonmarket work so that the a. b. c. d. e. total

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1. Start by thoroughly reading the instructions on the model question midterm 3. Understand the format and structure of the question paper.
2. Analyze the topics and concepts covered in the course that are likely to be included in the midterm. Make sure you have a clear understanding of these topics.
3. Review your class notes, textbooks, and any additional study materials to refresh your knowledge on the subjects. Pay special attention to any areas that you find challenging or difficult.
4. Divide your time wisely while attempting the model question. Allocate more time to sections or questions that carry higher weightage or that you feel less confident about.
5. While answering subjective questions, ensure that you provide relevant and concise answers. Include necessary explanations, examples, or supporting evidence if required.
6. For objective or multiple-choice questions, read each question carefully and eliminate any obviously incorrect options before making your selection.
7. Make sure to manage your time effectively during the exam to ensure that you have sufficient time to complete all the questions. It is advisable to attempt easier questions first before moving on to more challenging ones.
8. Double-check your answers before submitting the model question. Review each response for accuracy, clarity, and proper formatting if applicable.
9. Finally, if possible, compare your answers with the correct solutions or seek feedback from your instructor or peers to evaluate your performance and identify areas for improvement.

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