Scenario: Rebecca Is Participating in a Dutch Auction for an Antique

Multiple Choice

Scenario: Rebecca is participating in a Dutch auction for an antique necklace. The total number of bidders in this auction is ten. Rebecca values the necklace at $45,000, while all the other bidders value it below $45,000.
-Refer to the scenario above.The seller will earn a revenue of ________.

A) $45,000
B) $40,500
C) $5,000
D) $4,500