When companies look at what they can pay their employees, they look at the productivity of their employees. Productivity is defined here as production divided by the number of employees. We know that in economics there are generally certain S-shaped links between production and short-term labor use. During the Covid period, statistics showed that productivity improved, even though labor consumption had contracted. This was caused by ..
a. If the average output is lower than the marginal output, the reduction in the labor force will increase the average output and productivity.
b. That whenever Malthus' law of diminishing margins applies, the reduction of labor will increase productivity at S-shaped output.
c. Two of the others are correct.
d. If the positive marginal output is lower than the average output, the reduction in the labor force will increase the average output and productivity.
e. That in the area of specialization and division of labor (returns to specialization) in relation to labor and production, the reduction of labor will increase productivity.
Answers
The correct option is d) If the positive marginal output is lower than the average output, the reduction in the labor force will increase the average output and productivity.
When companies look at what they can pay their employees, they look at the productivity of their employees. Productivity is defined here as production divided by the number of employees.There are generally certain S-shaped links between production and short-term labor use. During the Covid period, statistics showed that productivity improved, even though labor consumption had contracted. This was caused by the returns to specialization in relation to labor and production, and the reduction of labor will increase productivity.
Returns to specialization in relation to labor and production refer to the increased efficiency that results from specialization in the production process. This means that each worker is assigned a specific task that they are trained and skilled to do, thereby increasing their productivity.
When a company reduces its labor force, it can increase productivity through the returns to specialization, as each worker can be assigned to a specific task, reducing inefficiencies in the production process. For example, if a company has ten workers, and each worker is assigned a specific task that they are trained to do, they will be more efficient and productive than if they were all doing different tasks. The reduction of labor will increase productivity because the remaining workers can focus on their specific tasks, reducing the number of mistakes made and increasing the quality of the output.
In conclusion, the reduction of labor can increase productivity due to the returns to specialization in relation to labor and production.
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Related Questions
The U.S. Supreme Court has original jurisdiction over which cases? all possible answers those between two or more states those involving foreign ambassadors or other ministers those between the United States and one of the states
Answers
The U.S. Supreme Court has original jurisdiction over cases involving two specific types of disputes: Cases between two or more states and Cases involving foreign ambassadors or other ministers. Option A and B are correct answer.
The United States Supreme Court has original jurisdiction over two sorts of disputes:
Cases involving two or more states: The Supreme Court has original jurisdiction over cases involving two or more states. This means that when a legal conflict or disagreement arises between states, the Supreme Court is the first court to hear the issue.
Foreign ambassadors and other ministers: The Supreme Court has original jurisdiction over disputes involving foreign ambassadors and other ministries. This means that if a legal dispute or conflict arises between a foreign ambassador or minister and the United States, the case can be brought before the Supreme Court immediately.
Therefore, Option A and B are correct answer.
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What is the purpose of making an estate plan?
to contribute to savings for retirement
to grow money quickly within a year or less
to make money to help pay for immediate expenses
to protect property for distribution after death
Answers
Answer:
Pretty sure it’s: To protect property for distribution after death
Explanation:
Answer: D. To protect property for distribution after death.
Explanation: Its right on Edg!
Ben Thomas is earning an annual salary of $15,090 at Custom Stereos. He has been offered a job at the local Ford dealer for $16,660 annually. How much more would Ben earn per week if he accepts the position at the Ford dealer?
Answers
Answer:
$30.2
Explanation:
The current annual salary for Ben Thomas is $15,090. the weekly salary will be $15,090 divide by 52
=$15,090 / 52
=$290. 2
The new annual salary at the Ford dealer is $16,660
Weekly salary is the annual salary divided by 52
= $16,660 / 52
=$320.4
Ben Thomas will earn much more by:
=$320.4 - $290. 2
=$30.2
How does Hurricane Katrina illustrate the problem with insurance?
Answers
Answer:How does Hurricane Katrina illustrate the problem with insurance? It illustrates the problem with insurance because it was a wide spread disaster for many people. ... It's not like insurance companies have an unlimited supply of money so they often declined a lot of people's claims. This was often very discriminating too
Explanation:mark brainliest ineed 2 more
why do many firms fail to successfully implement a blue ocean strategy?
Answers
Many firms struggle to successfully implement a blue ocean strategy.Implementing a blue ocean strategy can be challenging for several reasons.
First, firms often find it difficult to identify and create uncontested market space, which is the essence of a blue ocean strategy. They may struggle to break free from industry boundaries and existing competitive frameworks, limiting their ability to differentiate themselves from competitors. Additionally, firms may lack the necessary resources, capabilities, and organizational alignment to execute a blue ocean strategy effectively. Without proper support and commitment from top management and employees, it becomes difficult to implement the required changes and innovations.
Furthermore, firms may face resistance to change from within their own organizations. Employees may be hesitant to abandon established practices and processes, leading to a lack of enthusiasm and engagement in executing the blue ocean strategy. Moreover, the complexity of managing both the existing business (the "red ocean") and the new market space (the "blue ocean") simultaneously can be overwhelming for many firms. This requires careful resource allocation and strategic coordination, which may pose significant challenges. Ultimately, without a clear understanding of the blue ocean strategy principles and a well-executed plan, firms often fail to successfully implement this approach and reap its benefits.
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A bookstore costs $90 a day to keep open, and spends $12 for each book it sells. The store charges $18 for each book it sells. If n represents the number of books sold, which equation represents the cost function for this bookstore?
O A. C = 90n + 15
O B. C = 12n + 90
O C. C = 18n + 90
O D. C = 90n + 12
Answers
Answer:
The correct answer is B just got it right on ape
Explanation:
Which method of corporate finance is predominately used by "GROWTH companies"?
A-retained earnings
B-new stock issues
C-borrowing
D-none of these are used by “growth companies"
Answers
Answer:
The method of corporate finance that is predominately used by "GROWTH companies" is B: "new stock issues."
Explanation:
Growth companies are companies that are expanding rapidly and reinvesting their profits back into the business to fuel further growth. As such, they typically need to raise additional capital to support their expansion plans. One way they can do this is by issuing new stock, which allows them to sell ownership stakes in the company to investors in exchange for funding. This can be an attractive option for growth companies because it does not require them to take on debt, which can be costly and risky, and it also does not reduce their retained earnings, which they can continue to reinvest in the business. Retained earnings and borrowing are also commonly used methods of corporate finance, but they may not be as suitable for growth companies depending on their specific circumstances.
Is eating a tomato bias?
Answers
Answer:
hindi ko po maintindihan ang tinatanong nyo
Explanation:
sa susunod po kumpletuhin nyo para masagut ko ang tanong mo
PLEASE HELP THERE ARE TWO SCENARIOS
Scenario A
College graduates are moving back in with family in record numbers. They are waiting longer than previous generations to buy homes and start families. Data show downward trends in new home building, mortgage applications, and the birthrate. Multiple markets are complaining of falling demand. A national supplier of home goods permanently shut down. The media is calling babies born today part of the “baby bust generation.” Economists predict future school closings and labor shortages.
Scenario C
The media report that an “epidemic of the jobless” has emerged. Major corporations and small businesses alike are laying off workers. People are out of work in record numbers and struggling to find jobs. Some admit that they have given up looking. Housing foreclosures are increasing, while banks say they lack the funds to approve new loan applications or to adjust existing loans. Requests for unemployment, housing, and nutrition assistance are at record highs. Charity organizations are not receiving enough donations to meet the growing need in their communities. Credit card companies say the average debt balance is climbing while repayments are falling behind.
Would the Fed address the scenario with expansionary or contractionary policy? Explain.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.
What is a specific fiscal action that Congress might use in this scenario?
Answers
It is correct to state that the Fed will address the scenario with expansionary policy.
What is an expansionary policy?
An expansionary policy is one that seeks to increase the amount of money so that aggregate demand can be stimulated.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.When money is injected into the economy using tools such as
Examples of fiscal polices that the congress might enlist for deployment in this scenarios are:
To increase aggregate demand, Government will inject more money in to the economy by buying back bonds or embarking on projects at the state and local levels.
Reduction of taxes will also help put more money in the hands of people, thus increasing aggregate demand.
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Answer:
flvs
Explanation:
A
would the red address the scenario with
expansionarv or contractionarv policy? Explain.
The Fed would address this with expansionary.
Which means they would give out more money
What is a specific monetary action the Fed might use
in this scenario? Identity the too and how the red would use it. Explain how this would address the
The action they would use is decrease the reserve requirement. By doing this, banks would be able to give out more money Que to them not needing to
Keen as much monev in reserve
What is a specific fiscal action that Congress might use in this scenario?
Decrease taxes due to schools and labor shortages are happening. Which mean that business and schools wont need to dav as much as taxes
B
Would the red address the scenario with
expansionary or contractionary policy? Explain.
The red would use contractionary due to rising prices and it can slow down
What is a specific monetarv action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the
scenario
They would sell more government securities so that less money would be in circulation and daily operations being tunded
What is a specific fiscal action that Congress might
use in this scenario?
Congress might decrease taxes due to things being expensive and we needing more money to be in
circulation.
C
Would the red address the scenario with expansionary or contractionary policy? Explain.
The Fed would use expansionary policy due to people not having money and needing it.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address
the scenario.
The monetary action is that they would decrease reserve requirement and buy government securities. They would give out more money and create funding programs for those who are unemployed.
What is a specitic fiscal action that congress might use in this scenario?
Decrease taxes so that others can buy food and with the money they have left, they are able to buy their needs
QUESTION 7 of 10: Which is NOT a use for market research?
a) Identifying what services customers want
Ob) Deciding what merchandise to sell
O c) Determining tax deductions
O d) Forecasting sales
Submit
Answers
Answer:
The answer would be b, determining tax deductions
Explanation:
All three of the other points are ways you can find out customers needs and wants, however tax deduction is used to figure out how much tax is owed.
come up with a one-page plan for your financial ambitions
No links
Answers
A plan for financial ambitions can be broken down into several key components: setting financial goals, creating a budget, developing a savings plan, and investing for the future.
Start by setting financial goals, which can be short-term, medium-term, or long-term. These goals should be specific, measurable, achievable, relevant, and time-bound. By monitoring your income and expenses, create a budget. This will make it easier to find places where costs can be reduced and money can be saved. A budget can also help prioritize expenses and allocate money towards goals.
Develop a savings plan that aligns with the set financial goals. This could include saving a certain percentage of income each month or using automatic savings plans to save regularly. It is also important to consider emergency savings, which can help cover unexpected expenses. Consider options like stocks, bonds, mutual funds, and retirement accounts. Investment diversification is crucial for reducing risk and maximizing rewards.
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Which expense contributes to a business's cost?
2.
(
Answers
Wages, salary, maintenance, rent, and depreciation are all examples of expenses. To calculate profits, revenue is subtracted from expenses. To lessen the tax burden and increase profits, businesses are permitted to deduct some expenses from taxes.
What are a business's costs of expenses?An expense is a business's operational cost incurred to produce income. Operational income is the company's profit after running costs like salaries, depreciation, and cost of goods sold have been subtracted.
These consist of payroll taxes, insurance deductibles, commissions, bonuses, and other perks including paid time off, health insurance, and retirement savings schemes. When beginning and registering a business, the majority of states in the U.S. will demand some kind of business license.
You can more easily keep track of your business costs if you keep your personal and business accounts separate. Maintaining a healthy cash flow and being eligible for tax deductions that could lower your taxable income require keeping track of business expenses.
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Business profits are dependent on the amount of revenue and expenses that a business experiences.
A.
True
B.
False
Answers
Answer: Yes, business profits are dependent on the amount of revenue and expenses that a business experiences.
Explanation:
Business profits, also known as net income or net profit, is calculated by subtracting total expenses from total revenue. If a business has more revenue than expenses, it will have a positive net income and be considered profitable. If expenses are greater than revenue, the business will have a negative net income and be considered unprofitable.
To increase profits, a business can focus on increasing revenue through sales or pricing strategies, or reducing expenses through cost-cutting measures. For example, a business may choose to increase the price of their products, invest in marketing to increase brand awareness and drive sales, or they may reduce costs by cutting back on unnecessary expenses such as office supplies or travel.
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a marketing plan and operating budget are two components of
a.a long range planning
b. a business plan
c. short range planning
d. a staff planning
Answers
On January 1, 2020, Cullumber Company had Accounts Receivable $134,200, Notes Receivable $39,600, and Allowance for Doubtful Accounts $28,200. The note receivable is from Willingham Company. It is a 4-month, 8% note dated December 31, 2019. Cullumber Company prepares financial statements annually at December 31. During the year, the following selected transactions occurred.
Jan. 5 Sold $35,600 of merchandise to Sheldon Company, terms n/15.
20 Accepted Sheldon Company’s $35,600, 3-month, 7% note for balance due.
Feb. 18 Sold $23,900 of merchandise to Patwary Company and accepted Patwary’s $23,900, 6-month, 8% note for the amount due.
Apr. 20 Collected Sheldon Company note in full.
30 Received payment in full from Willingham Company on the amount due.
May 25 Accepted Potter Inc.’s $19,800, 3-month, 6% note in settlement of a past-due balance on account.
Aug. 18 Received payment in full from Patwary Company on note due.
25 The Potter Inc. note was dishonored. Potter Inc. is not bankrupt; future payment is anticipated.
Sept. 1 Sold $13,000 of merchandise to Stanbrough Company and accepted a $13,000, 6-month, 9% note for the amount due.
Answers
The 1828 "tariff of abominations" originated with ______, but because it placed tariffs on other imports in order to win support from other constituencies, it raised the price of ______ and therefore lost the support of the group it had been intended to help.
Answers
The 1828 "tariff of abominations" originated with New England textile manufactures, but because it placed tariffs on other imports in order to win support from other constituencies, it raised the price of raw material and therefore lost the support of the group it had been intended to help.
In May 1828, the United States passed the Tariff of 1828, a particularly onerous protective tariff. Unexpectedly, the law succeeded despite being written such that Congress wouldn't approve it because it would harm both industry and agriculture.
Because of the impact it had on the economy of the South, it was derided as the "Tariff of Abominations" by its opponents in the region. Some imported commodities were subject to a 38 percent tax, and some imported raw materials were subject to a 45 percent tax.
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Netflix and wal-mart both did well during the recession. which factor of the business/marketing environment best explains this?
Answers
The business/marketing environment factor that explains why Netflix and Wal-mart did well during the recession is branding.
What is branding?It corresponds to a strategy of active management of a brand, creating value for it through its visual identity and objectives, generating engagement with the target audience and satisfying their needs and desires in an innovative and creative way.
Therefore, branding is an essential strategy for a brand to be competitive and well positioned in the market.
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Does it matter how much money you make in your career?
Answers
Answer:
Yes,it does matter how much money you make in your career
cyclically adjusted deficit of $20 billion. cyclical deficit of $20 billion. cyclical surplus of $20 billion. cyclically adjusted deficit of zero.
Answers
Among the given options, the most desirable scenario from a fiscal perspective would be a cyclically adjusted deficit of zero. This implies that the government's budget is in balance after accounting for the temporary effects of the business cycle, indicating a sustainable financial position.
1. Cyclically adjusted deficit: This term refers to the deficit in the government budget that is adjusted to remove the effects of cyclical economic fluctuations. It provides a measure of the structural deficit or surplus in the budget, excluding the temporary impact of the business cycle.
2. Cyclical deficit: This term refers to the deficit in the government budget that is caused by the cyclical downturn in the economy. It occurs when government revenues decrease and expenditures increase due to a recession or economic slowdown.
3. Cyclical surplus: This term refers to the surplus in the government budget that is caused by the cyclical upturn in the economy. It occurs when government revenues increase and expenditures decrease due to an economic boom or expansion.
4. Cyclically adjusted deficit of zero: This term indicates that the deficit in the government budget, after adjusting for cyclical effects, is zero. It suggests that the structural deficit, which reflects the long-term financial position of the government, is balanced when accounting for the cyclical fluctuations in the economy.
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**Verifiability means that the accounting information:
Question content area bottom
Part 1
A.
is material and relevant.
B.
is timely and understandable.
C.
is understandable.
D.
must be capable of being checked for accuracy, completeness and reliability.
Answers
Accounting information that has verifiability is one that D. must be capable of being checked for accuracy, completeness and reliability.
What is verifiability in accounting?in accounting, data is considered to be verifiable if a third party can come up with the same information given the chance.
for this to happen, the data needs to be capable of being checked for completeness and reliability.
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A _____ is a person who does a job for a specified time period, usually less than six months. For example, some agricultural workers are often employed only for harvesting. Entrepreneur job sharing flexible work hours temporary employee
Answers
Answer:
Temporary employee.
Explanation:
A temporary employee is a person who does a job for a specified time period, usually less than six months. For example, some agricultural workers are often employed only for harvesting.
Basically, a temporary employee refers to an individual who is employed by an organization based on the specific requirements and needs of the organization and the job is typically limited to a specific period of time. Thus, once the agreed upon time elapse, the employee's service will no longer be needed and as such its terminated.
This type of employment is a contractual agreement between the employee and the employer for he or she to be employed for a limited period of time.
Answer:
Temporary Employee
Explanation: I took the test and got all of the answers right.
A goal is defined as the result or success toward which effort is directed.
O True
O False
Answers
Answer:
true
Explanation:
explanation:just trust
Does anybody know the answer to this question?
Answers
Answer:
The answer is A and B: professional and friendly ^^
Hope you find the answer helpful :)
Answer: Professional and Friendly
Explanation:
Incomplete and Grammatically incorrec cannot be tones of voice.
The mere existence of natural resources in a country does not contribute to economic progress unless some conditions prevail.state the condition
Answers
Answer:
ᴀꜱ ᴡᴀʀᴍ ᴀꜱ ꜱᴜɴ
ᴀꜱ ꜱɪʟʟʏ ᴀꜱ ꜰᴜɴ
ᴀꜱ ᴄᴏʟᴅ ❄️ ᴀꜱ ᴀ ᴛʀᴇᴇ
ᴀꜱ ꜱᴄᴀʀʏ ᴀꜱ ꜱᴇᴀ
ᴀꜱ ʜᴏᴛ ᴀꜱ ꜰɪʀᴇ
ᴀꜱ ᴄᴏʟᴅ ᴀꜱ ɪᴄᴇ
ꜱᴡᴇᴇᴛ ᴀꜱ ꜱᴜɢᴀʀ
ᴀɴᴅ ᴇᴠᴇʀʏᴛʜɪɴɢ ɴɪᴄᴇ
ᴀꜱ ᴏʟᴅ ᴀꜱ ᴛɪᴍᴇ ⌛
ᴀꜱ ꜱᴛʀᴀɪɢʜᴛ ᴀꜱ ʟɪɴᴇ ➖
ᴀꜱ ʀᴏʏᴀʟ ᴀꜱ ᴀ ᴀɴɢᴇʟ☺️
ᴀꜱ ʙᴜᴢᴢᴇᴅ ᴀꜱ ʙᴇᴇ
ᴀꜱ ꜱᴛᴇᴀʟᴛʜ ᴀꜱ ᴛɪɢᴇʀ
ꜱᴍᴏᴏᴛʜ ᴀꜱ ɢʟɪᴅᴇʀ
ᴘᴜʀᴇ ᴀꜱ ʜᴇᴀʀᴛ ❤️
ᴘᴜʀᴇ ᴀꜱ ɪ ᴡᴀɴɴᴀ ʙᴇ
Explanation:
XxxxxxxxxdWhat must be done if a transaction increases the left side of the accounting equation?
Answers
Answer:
Explanation:
Neje
Which resource can you use to view businesses or suppliers divided into different categories?
You may use online or offline _________
to view businesses or suppliers classified into different categories.
Answers
Answer:
yellow pages
Explanation:
It's "Yellow Pages" :)
I got it right on plato <3
your hr department reports that 12% of your 35,000 employees will be retiring in the next 10 years. the average annual compensation for those retiring employees is projected at $52,550 per employee. if you were to plan on creating efficiencies in operations over those 10 years and not replace any of those retiring employees, what would be your labor cost savings in year 11?
Answers
The labor cost savings in year 11 would be $6,183,500
Given data, Percentage of employees that will retire in the next 10 years = 12%, Total number of employees = 35,000, Annual Compensation per retiring employee = $52,550. To calculate the savings, first we need to calculate the number of employees who will retire. Number of employees who will retire = (12/100) × 35,000= 4,200.
Retirement Cost per year = Annual compensation per retiring employee × Number of employees who will retire= $52,550 × 4,200= $220,710,000. The retirement cost over 10 years = $220,710,000 × 10= $2,207,100,000.
Over those 10 years, if we plan on creating efficiencies in operations and not replace any of those retiring employees, then there will be cost savings that can be calculated as follows: Average Compensation per employee = $52,550. Savings per employee = Average Compensation per employee per year= $52,550.
Total number of employees who are going to retire = 4,200Total years over which the savings will occur = 10The total savings over 10 years = 10 × Savings per employee × Number of employees= 10 × $52,550 × 4,200= $2,205,900,000.
The labor cost savings in year 11 will be the difference between the retirement cost over 10 years and the total savings over 10 years= $2,207,100,000 - $2,205,900,000= $1,200,000. Hence, the labor cost savings in year 11 would be $1,200,000.
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a small business owner who decides to expand internationally should study the competitive forces in the foreign market. t/f
Answers
A small business owner who decides to expand internationally should study the competitive forces in the foreign market. The statement is true.
Expanding a small business internationally can be a great way to grow the business and increase profits. However, it is essential for small business owners to conduct a thorough analysis of the foreign market they wish to enter to understand the competitive forces in that market.
Studying the competitive forces in a foreign market involves researching the local competition and understanding the regulatory environment, among other factors. The business owner needs to identify local competitors, their strengths and weaknesses, and what sets them apart from their own business. It is important to determine whether the business will be able to compete effectively in the foreign market and what strategies they can use to gain a competitive advantage.
In addition to researching the local competition, it is crucial to understand the regulatory environment in the foreign market. Regulations regarding taxes, customs, and labor can vary significantly from one country to another. The business owner must ensure that they comply with all relevant regulations and that they have the necessary licenses and permits to operate in the foreign market.
Studying the competitive forces in a foreign market can also help small business owners identify potential partners or collaborators. These could be local businesses that complement the small business's products or services, or other businesses that can provide valuable resources or expertise.
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20 POINTS FOR THE ANSWER
Choose a specific technological advancement from the list presented. Once you have chosen, research its impact on the evolution of media in relation to design. Make sure to cite your sources too!
Possible choices:
Johannes Gutenberg and the printing press
Pi Sheng and movable type
Saul Bass and movie credit design
Paul Rand and corporate identity systems
Digital printing
Digital photographic editing
Linotype typesetting machine
Answers
Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.
What is the evolution of printing?The printing is credited as the earliest form and was first developed in China around 200AD. As the name suggests, it involves carving a design into a block of wood. Once the wood is carved, the raised part is then inked and paper is placed on top.
It's been 20 years since Israeli Benny Landa revolutionized the printing industry with the advent of digital printing, and industry watchers say the inventor may have repeated the feat with a new product unveiled.
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In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?
Answers
Answer:
This would observation, which is something most readers should be able to do
Explanation: