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What do the different colors in the “time remaining” block signify?

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What do the different colors in the “time remaining” block signify?

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A. The different background colors of the Time Remaining block signify how soon the auction will end. Green – Auction closes in greater than 3 hours from now. Yellow – Auction closes in less than 3 hours but more than 30 minutes. Red – Auction closes in less than 30 minutes from now. Q. What is a reserve price? A. The seller of an item can elect to set a reserve price for an item. This is the minimum amount that the seller will accept for the item. This price will be hidden from all bidders. The starting bid may be lower than this reserve price but if the bidding does not reach the reserve price the seller is not required to sell the item. The seller may lower the reserve price but may not raise it.

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