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The 4 necessary cognitive processes are:
1. Attention: This is the way in which by means of observation we grasp what happens around us.
2. Retention: This is learning and passing on to the long-term memory what we have just observed.
3. Reproduction: It happens when the observed, retained and learned previously is repeated.
4. Motivation: Motivation is the desire to reproduce what we observe and learn.
Well value is the estimate of money and utility is the safaction of economic goods so they both have something to do with estimates andmoney
Answer:
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Explanation:
