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Commerce · Q740

Economics

Graduate and Post Graduate · Commerce · question 740

Q740

Assertion (A): Auto companies and other consumer goods companies offer cash rebates to encourage purchase of the manufacturer's products within a specified period Reason (R): The same product is priced differently at different times. In the context of the two statements above to pricing strategy, which one of the following options is correct?

A.
Both (A) and (R) are correct
B.
Both (A) and (R) are not correct
C.
(A) is correct but (R) is not correct
Answer
D.
(A) is not correct but (R) is correct

Answer: Option C

Solution

Answer: Option C
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