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GMAT Sentence Correction (SC) | Re: The results of the company's cost-cutting measures are

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Hi -- Can someone please explain why the verbs are incorrect in A? Why is it incorrect that both are in past tense? Doesn't it make complete sense that the profits increased AFTER they fell?

Description says that having two tenses in the past is incorrect?

Also, if C said -- "profits have increased after they fell" -- would that still be correct?

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