Part 1: The fixed cost is $2.45.
Part 2: The variable cost is $0.10 per page.
Part 3: The cost equation is y = 2.45 + 0.10x.
A printer charges $2.45 for binding plus 10 cents per page for each copy of a community group's annual report.
Write the cost equation and answer the following questions.
Question content area bottom
Part 1
What is the fixed cost? $
2.45
(Simplify your answer. Type an integer or a decimal.)
Part 2
What is the variable cost? $
0.10
(Simplify your answer. Type an integer or a decimal.)
Part 3
Let y represent the cost of the annual report and x represent the number of pages.
What is the cost equation? yequals
enter your response here
(Simplify your answer.)
1 answer