Michelle W

Montreal - QC, Canada

8 Termes    1 Blossaires    1 Abonnés    23149 Viewers

Michelle W

Montreal - QC, Canada

8 Termes    1 Blossaires    1 Abonnés    23149 Viewers

Termes de Michelle W

Baumol's cost disease

Economie; Économie

An economic phenomenon whereby costs continue to rise in sectors that experience no increase in labour productivity, leading to an ever-widening gap between costs and revenues. ...

secondary market

Economie; Économie

The market in which existing works are offered by dealers and auction houses for resale. Like the broader financial market, the market for works of art operates on a two-tier ...

primary market

Economie; Économie

The market in which original works are sold for the first time. Like the broader financial market, the art market operates on a two-tier system. It is at this first level that ...

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