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9 February, 13:10

Which of the following establishes the criteria to determine if a business meets the definition of small business for the particular economic activity or trade a business is in?

a. Sales metrics defined in the marketplace

b. Size standards and sales volumes listed in North American Industry Classification System (NAICS)

c. Previous sole source determinations

d. Limited Partnership parameters stated in Public Law 85-699

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  1. 9 February, 13:34
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    The correct answer is b. Size standards and sales volumes listed in North American Industry Classification System (NAICS)
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