The statement that shows the painting's value correctly would be:
B). The value of Painting A increases at a larger constant rate per year than Painting B.
What is relative value?
Relative value is characterized as the value of anything that is viewed in comparison to the other object, whether it is an increase or decrease.
In the given situation, the price of Painting A increases dramatically from 15,000 to 19,144 while the price of Painting B increases at a comparatively slower pace and reaches 16,561 only.
This shows that the price in the first case increases by 1.05 times while the latter remains .3% behind and stays at 1.02 times only.
Thus, option B is the correct answer.
Learn more about "Relative Value" here:
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