Question
Logical Reasoning Question on Statements and Assumptions
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 ?
A
Online retailers pay lesser salaries than brick-and-mortar stores.
B
Consumers prefer to pay less prices.
C
Shop rent and sales staff salaries add to the price consumers have to pay for products.
D
Both b) and c)
Answer
Consumers prefer to pay less prices.
Explanation
Solution
The correct option is (B): Consumers prefer to pay less prices.