Competition is the key factor in cost savings, rather than simply whether a private firm or government provides the service.

Name: Competition is the key factor in cost savings, rather than simply whether a private firm or government provides the service.
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Question

Quizplus · Accepted Answer

Competition encourages service providers to be more efficient and offer better quality services at lower costs, regardless of whether they are a private firm or government entity. Therefore, competition is the key factor in achieving cost savings.

Competition Is the Key Factor in Cost Savings, Rather Than