Revenue - thanks

Question

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?
Formula: total revenue= Price multiply Quantity
Given the following data:
WIDGETS P = 80 - Q (Demand)
P = 20 + 2Q (Supply)

Answer 1

The revenue being the money brought in from sales.
$/($/processor) = processors
 
56000/800 = 70 processors sold

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Your formula is the same:

56000 = 800x

x = 56000/800

x=70

 

The rest of the information given is extraneous since

we aren't trying to find the total profit... just revenue.