In an effort to reduce their overstock, many fashion designers have cut prices; their clothes have been priced to sell, and they are.

A. have been price to sell, and they are.
B. are priced to sell, and they are.
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

Source is Kaplan CAT. This question structure is the same as that in OG #87. I still don't understand the logic here.