are138-sample-midterm - ARE 138 NAME is

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ARE 138 NAME: _ is <i;;ple"'" t MIDTERM _ Section A consists of 10 multiple choice questions worth 10 points each. Section B consists of 5 problems worth 40 points each. Please show your work for full credit. If you can't solve one step of a problem, you can still get credit for the remainder if you use the correct method. Total points possible = 300.
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Part I. Multiple choice (10 points each) 1. What is the main reason a large exporter of petroleum (such as Saudi Arabia) would deliberately restrict production of that commodity?
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