Scenario: Alice Is Participating in a Dutch Auction for a Painting

Multiple Choice

Scenario: Alice is participating in a Dutch auction for a painting. There are five other bidders, and Alice values the painting at $30,000.
-Refer to the scenario above.Alice will earn an expected surplus of ________ if she uses her optimal strategy to win the game.

A) $5,000
B) $6,000
C) $30,000
D) $16,000