The cost of a pencil is described by the equation y=$0.19x. What is the cost for one pencil?(1 point)

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The cost for one pencil is $0.19.

The cost for one pencil can be found by substituting x=1 into the equation y=$0.19x.

y = $0.19 * 1

y = $0.19

Therefore, the cost for one pencil is $0.19.