Michelle W

Montreal - QC, Канада

8 Термины    1 Глоссарии    1 Followers    28142 Viewers

Michelle W

Montreal - QC, Канада

8 Термины    1 Глоссарии    1 Followers    28142 Viewers

Термины Michelle W

Baumol's cost disease

Экономика; Экономика

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

Экономика; Экономика

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

Экономика; Экономика

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 ...