translate & explain in chinese

(1 mark) Assume that the value from owning an artwork depends on the satisfaction from being able to look at the artwork while it is in your possession, and the price for which it will be resold. Suppose that anyone who buys an artwork knows exactly when and the price for which the work will be resold. Assume also that anyone who considers buying an artwork is a rational decision-maker. Given these assumptions, discuss whether you think the effect of the royalty resale scheme described in attachment 7 will be to increase the total income an artist derives from the sale and resale of a work of art created by them (compared to without such a scheme). [Hint: You can use the concept of a buyer’s willingness to pay for an item to think about this question.]

P.S. don't use those translate machine as i use them but give out an incorrect translate