Question: Competitive bidding occurs when Blank______. Multiple choice question. one firm submits a bid to two or more buyers two or more companies submit prices for

Competitive bidding occurs when Blank______. Multiple choice question. one firm submits a bid to two or more buyers two or more companies submit prices for a project, service, or product to a potential buyer two or more buyers request lower than market price from a single supplier two or more companies agree to prices being submitted to a limited number of buyers

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