In order to break even, Akeem needs to cover the $40 renters fee and the cost of making each cup of lemonade.
The cost per cup of lemonade is $2.
The renters fee for the stand is $40.
Total cost per cup of lemonade = $2 + $40 = $42
Akeem sells each cup of lemonade for $6.
To break even, Akeem needs to cover the total cost per cup of lemonade with the revenue from selling the lemonade.
Break-even point = $42 / $6 = 7 cups
Therefore, Akeem needs to sell at least 7 cups of lemonade to break even.
Akeem wants to have a lemonade stand at the community fair it cost him two dollars to make each cup of lemonade plus a $40 renters fee for the stand. He sells the lemonade for six dollars per cup. How many cups does Akeem have to sell to break even
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