Which of the Following Statements About Government Markets Is FALSE

question 51

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.

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Definitions:

Hypogeusia

A reduced ability to taste or detect flavors, which can be temporary or permanent.

Hyperphagia

An abnormal increase in appetite for food, often leading to excessive eating.

Social Phobia

A type of anxiety disorder characterized by an intense fear of being judged or scrutinized by others in social or performance situations.

Acrophobia

The intense fear of heights, which can significantly impact an individual's ability to climb ladders, ride in tall buildings, or even stand on a chair.