Assertion (A): Auto companies and other consumer goods companies offer cash rebates to encourage purchase of the manufacture’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 related to pricing strategy, which one of the following option 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


  • D

    (A) is not correct, but (R) is correct