With plenty of demand for artwork, it is the supply side of the equation that often leads to outrageously expensive prices for art. Scarcity plays a huge role. Many of the most famous artists in history are no longer living. ... This leads to another factor that affects the price of art: each piece of art is unique.
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Answer:
With plenty of demand for artwork, it is the supply side of the equation that often leads to outrageously expensive prices for art. Scarcity plays a huge role. Many of the most famous artists in history are no longer living. ... This leads to another factor that affects the price of art: each piece of art is unique.
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Answer:
With plenty deand of artwork,it is the suply side of the equation that often leads to outrageosly expensive prices for art.Scarcity plays a huge roles.Many of the most famous artists in history are no longer living...This leads to another factor that affect the prices of art :each piece of art is unique
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