Question:

Online retailers do not have to pay for overheads such as shop rent and sales staff salaries, owing to which they can charge lower prices for products than brick-and mortar stores which have to incur such costs.
The conclusion drawn above follows logically if which of the following is assumed ?

  • Online retailers pay lesser salaries than brick-and-mortar stores.
  • Consumers prefer to pay less prices.
  • Shop rent and sales staff salaries add to the price consumers have to pay for products.
  • Both b) and c)
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The Correct Option is B

Solution and Explanation

The correct option is (B): Consumers prefer to pay less prices.
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