In 2006 willem de koonings abstract painting woman iii sold, Business Economics

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In 2006 willem de koonings abstract painting woman iii sold

In 2006, Willem de Kooning's abstract painting Woman III sold for $137.5 million. Portray this sale in a demand and supply diagram when the quantity is 1. Instructions: (1) Use the tool provided 'S' to graphically show the supply of this painting. This line should only contain the two endpoints and fully intersect the demand curve. (2) Use the tool provided '$137.5' to graphically show equilibrium.

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Business Economics: In 2006 willem de koonings abstract painting woman iii sold

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