In 2017,Salvador Mundi sold for a record of 450.3 million. In 1958 it sold for 125 equivalent in purchasing power to about 1060$ at 2017 prices, The painting was commissioned by king louis in about 1500.Wall street general guesstimated that the king may have paid Leonardo the equivalent of 575000 in 1519 1)What is the annual rate of appreciation in the price of the painting between 1958 and 2017 adjusted for inflation?
2)What is the estimated rate of appreciation in the price of the painting between 1519 and 2017 adjusted for inflation

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them. it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies. while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process. all of these.

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."