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.
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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.)

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.