Which of the Following Best Explains 'The Customer's Specification

Multiple Choice

Which of the following best explains 'the customer's specification'? 

A)  The buyer knows precisely the cost of the material to be purchased. 
B)  The buyer can only obtain a rough indication of the product's cost by means of supply market research. 
C)  The buyer can only obtain a rough indication of the product's cost by means of demand market research. 
D)  The buyer knows precisely the profit margin on the material to be purchased.