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All of the Following Are True of Government Markets Except

Question 256

Multiple Choice

All of the following are true of government markets except


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 much public review.

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