The following graph shows the bid value and probability of winning an auction for an oil painting under a first-price sealed bid auction with private values. The bidder is willing to pay a maximum of £2000 for the oil painting. Refer to the graph to answer the question. 
The expected value from winning the auction at the price of £2000 is equal to the area _____.
A) A + B + C + D + E + F
B) F + E
C) C + D + E
D) A + B + F
Correct Answer:
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