royrijit1 wrote:
The first sentence of the last para states the below:
"So why do companies spend so much on price promotions? Clearly price promotions are generally run at a loss,otherwise there would be more of them. "
Clearly, the author says that the price promotions are not worthy to companies. Had they been, there would be more occurrences of price promotions. From this, we can infer that the answer would be 'B'.
We need to understand that this is a inference question. Hence we must be able
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