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Which of the Following Statements About Government Markets Is FALSE

Question 254

Multiple Choice

Which of the following statements about government markets is FALSE?


A) The government is the largest customer group in all countries.
B) Most government customers buy by specification,using a mandatory bidding procedure.
C) The government buyer must often accept the lowest bid that meets the specifications.
D) By law,a government unit might have to accept the lowest bid even for an unwanted product.
E) Government purchases are usually subject to a great deal of public review.

Correct Answer:

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