Kritesh wrote:
Noting that its revenues had fallen due to a recent prolonged slump in CD sales, the music-store chain announced that it would be forced to raise prices at all of its outlets.
A. its revenues had fallen due to a recent
B. its revenues have fallen due to a recently
C. its revenues are falling due to a recently
D. their revenues are falling due to a recent
E. their revenues had fallen due to a recent
As we see sequence two actions, we need a past participle here, hence the usage of "had +
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