Which of the following phrases (

• I , (I
• I , and (II
• I given below each sentence should replace the phrase printed in bold letters to make the sentence grammatically correct? Choose the best option among the five given alternatives that reflect the correct use of phrase in the context of the grammatically correct sentence. If the sentence is correct as it is, mark (e) i.e., 'No correction required'; as the answer. Over a period of time, the company can passed in the demand to the merchant, since the (local) merchant is closer to the consumer. 1. could pass in the 2. has passed on the 3. can pass on the