OFFICIAL ANSWER offcial guide for gmat review 13th edition page 748
In an effort to reduce their inventories, Italian vintners
have cut prices; their wines have been priced to sell,
and they are.
(A) have been priced to sell, and they are
(B) are priced to sell, and they have
(C) are priced to sell, and they do
(D) are being priced to sell, and have
(E) had been priced to sell, and they have
Verb form
In the underlined segment, the second verb does
not need to repeat the word sell because it is
understood from the previous verb phrase priced
to sell. However, the second verb must be
correctly conjugated with the understood sell.
They are sell is not a correct verb form; they do sell
is correct.
A They are would require selling to complete it,
not sell.
B They have would require sold to complete it,
not sell.
C Correct. This sentence properly uses they do
in place of they do sell, a grammatically
correct verb.
D Have would require sold to complete it, not
sell; omitting the subject they requires that
the comma be omitted as well.
E They have would require sold to complete it,
not sell; the past-perfect had been priced
suggests illogically that the wines were
already priced to sell before the vintners cut
prices; moreover, since the past-perfect tense
indicates that one event in the past occurred
prior to another event in the past, the pasttense
did would be required rather than the
present-tense have.
The correct answer is C.
GMATNinja Please Clarify. Official answer seems to be strict about using only "sell" to complete the ellipsis
They have used the term "correctly conjugated"