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? (1 point)

Question

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Answer 1

To break even, Akeem needs to earn enough money to cover his costs.

First, let's calculate his costs.
- Rent fee: $40
- Cost per cup of lemonade: $2

Total cost = Rent fee + (Cost per cup x Number of cups)
Total cost = $40 + ($2 x Number of cups)

Next, let's calculate his revenue.
- Price per cup of lemonade: $6

To break even, Akeem's revenue must be equal to his total cost.
Revenue = Total cost
$6 x Number of cups = $40 + ($2 x Number of cups)

Now we can solve for the number of cups.
$6n = $40 + $2n (n is the number of cups)
$6n - $2n = $40
$4n = $40
n = $40 / $4
n = 10

Therefore, Akeem needs to sell 10 cups of lemonade to break even.