Answer: Ruth have to make 7 hats to break even.
Step-by-step explanation:
Break even point is a point where Cost = Revenue.
Let x be the number of hats sold.
Given: Cost of booth = $63
Each hat cost = $10
Selling price for each cost = $19
As per given,
Total cost = Cost of booth+ (Cost of each hat)(Number of hats)
= 63+10x
Total selling price = 19x
For break even,
63+10x=19x
9x=63
x=7
Hence, Ruth have to make 7 hats to break even.
