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Colt is an excellent quarterback.One skill that contributes to his ability is that he sees the players not just as individuals,but as units that can be called on to make different plays.This skill enables him to process the game more efficiently and to hold more information about the game in his short-term memory.Colt is using the memory strategy of:
Sunk Costs
Expenses that have already been incurred and cannot be recovered, which should not affect future financial decisions.
Production Costs
The total expenses incurred in the process of producing goods or services, including raw materials, labor, and overhead.
Decision Making
The cognitive process of selecting a course of action from among multiple alternatives, often involving considerations of risk and benefits.
Accounting Profits
The net income a company reports on its financial statements, calculated as total revenues minus explicit costs and depreciation.
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