Taj Almolok Sweets Bakery Sells Freshly Baked Muffins from 6

Taj Almolok Sweets Bakery sells freshly baked muffins from 6.30 am at $1.20 per muffins. By 4 pm in the afternoon, the remaining muffins are marked down to $0.60 each. Which of the following statements is true?

A) Taj Almolok Sweets is trying to minimize its loss.
B) Taj Almolok Sweets is trying to prevent the opportunity to make arbitrage profit.
C) Taj Almolok Sweets has underestimated the demand for its muffins.
D) Taj Almolok Sweets engages in price discrimination; a higher price for those who cannot wait and a lower price for those willing to wait until 4 pm.