13. Giganeers faces competition from many other companies that also provide engineering consulting services. In order to gain more business, Gig has tried to convince potential clients that his company offers better service than the competition. He has advertised heavily in professional magazines, often quoting some of his highly satisfied clients. The market Giganeers operates in is an example of: (Points: 1)

Question

13. Giganeers faces competition from many other companies that also provide engineering consulting services. In order to gain more business, Gig has tried to convince potential clients that his company offers better service than the competition. He has advertised heavily in professional magazines, often quoting some of his highly satisfied clients. The market Giganeers operates in is an example of: (Points: 1)
        perfect competition. 
        monopoly. 
        oligopoly. 
        monopolistic competition. 
Is it Perfect Competition

14. ____________ is the amount a business earns over and above what it spends for salaries and other expenses. (Points: 1)
        Profit 
        Revenue 
        Interest 
        Dividends 
is it revenue

Ms. Sue · Answer

Your first answer is correct.

However, check this definition of revenue for your second answer.

http://dictionary.reference.com/browse/revenue?qsrc=2888

Please look up the other words to find the right answer.

Bryan · Answer

Profit?

Ms. Sue · Answer

Right. Profit is your second answer.