Akeem wants to have a lemonade stand at the community fair. It costs him $2 to make each cup of lemonade plus a $40 renter's fee for the stand. He sells the lemonade for $6 per cup. How many cups does Akeem have to sell to break even?
(please be right)
Akeem's total cost to make and sell one cup of lemonade is $2 (cost to make) + $40 (renter's fee) = $42.
He sells each cup for $6.
To break even, Akeem needs to sell enough cups to make back his costs, which is $42 per cup.
Therefore, Akeem needs to sell $40 (renter's fee) / $6 (selling price per cup) = 7 cups
So, Akeem needs to sell at least 7 cups of lemonade to break even.