Final answer:
The runner-up will receive $15,000, and the winner will receive $45,000.
Step-by-step explanation:
To find out how much each contestant will receive, we need to set up an equation. Let's say the runner-up receives x dollars. According to the problem statement, the winner will receive three times as much, so the winner will receive 3x dollars. The total amount of the scholarship is $60,000, so the equation is x + 3x = $60,000. Simplifying this equation, we get 4x = $60,000. Dividing both sides of the equation by 4, we find that x = $15,000. Therefore, the runner-up will receive $15,000, and the winner will receive 3 times that, which is $45,000. So, the correct answer is option b. Winner: $45,000, Runner-up: $15,000.