VOICED: Low expectation as auction season opens
Interactive Video
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Business
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10th Grade - University
•
Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the recession affected the behavior of art buyers?
They are buying more contemporary art.
They are not interested in great objects.
They are more conscious of prices.
They are buying more expensive pieces.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the value of the most expensive contemporary piece at Sotheby's during the recession?
$70 million
$6 million
$600,000
$60 million
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected total sales value for Sotheby's and Christie's this year?
$600 million
$200 million
$100 million
$300 million
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which past economic event is mentioned as a comparison to the current art market situation?
The 2000 dot-com bubble
The 2008 financial crisis
The 1973 oil crisis
The 1987 stock market crash
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the general expectation for the art market's future according to the transcript?
The market will stabilize at current levels.
The market will shift focus to digital art.
Prices will rise again over time.
Prices will continue to fall indefinitely.
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