Answered: A firm charges $800 for its unique word…

A firm charges $800 for its unique word processor. If total revenue is $56,000 in July, how many word processors were sold that month?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter3: Demand Analysis

Section: Chapter Questions

Problem 1.3CE

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A firm charges $800 for its unique word processor. If total revenue is $56,000 in July, how many word processors were sold that month?

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