The Art Market Exhales As Record Sales Salvage Semiannual Auctions

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the total sales amount at the major auction houses in New York?
$1.4 billion
$1 billion
$2 billion
$1.8 billion
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which painting achieved the highest price during the auction?
A Picasso sculpture
A Van Gogh drawing
A Monet painting
Forever Shea
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common strategy used by speculators in the art market?
Investing in established artists
Buying at high prices and selling at low prices
Chasing younger emerging artists
Avoiding Impressionist works
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant factor contributing to the buyers' market during the auction?
Lowered reserves by collectors
Increased demand from European collectors
High supply of Impressionist works
Strong competition among bidders
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which artist's work set a record price despite limited bidding?
Claude Monet
Pablo Picasso
Charles White
Vincent van Gogh
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