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Need step by step explanation A unique painting is sold at an auction. The painting is offered initially at 1.000.000 U50. As long as there

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A unique painting is sold at an auction. The painting is offered initially at 1.000.000 U50. As long as there are interested buyers, the price is Increased by 100.000 USD. when there is enly one interested buyer, the price is es lenger increased and that buyer can purchase the painting at that price. Rebecca ends up buying the painting, for 2.500.000 USD. What can you sayr about the willingness-te-pav of Rebecca? Select one: a. It is equal 10 2.500.000 USD 0. It is less or equal to 2.500.000 use -s c. It is larger er equal to 2.500.000 use " d. It is equal 10 1.000.000 use Your answer is correct. The correct answer is: It is larger or equal to 2.500.000 USD

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